Low volume. Fibonacci support not broken.
If today the trading day closes with volumes below the average of the last day, we have probably hit bottom on the Fibonacci level as support. a rebound of a few days is likely. Fibonacci levels and static resistances will give us price targets. 1.096 and 1.099 are very interesting levels. We expect a rebound until the end of next week.
If the closing volumes today are high and the 1.083 level will be broken downwards in the closing, then we have to expect further decreases in the next week and this strategy will be invalid.
If today the trading day closes with volumes below the average of the last day, we have probably hit bottom on the Fibonacci level as support. a rebound of a few days is likely. Fibonacci levels and static resistances will give us price targets. 1.096 and 1.099 are very interesting levels. We expect a rebound until the end of next week.
If the closing volumes today are high and the 1.083 level will be broken downwards in the closing, then we have to expect further decreases in the next week and this strategy will be invalid.