Target hit. Long term bearish trend preserved.
TP = 1.14500 hit as 1D aggressively (STOCHRSI = 0.000, Williams = -98.364) broke through the 1.1510 support, creating a new Channel Down (RSI = 26.291, MACD = -0.008, Highs/Lows = -0.0198, B/BP = -0.0336). 1.12840 (June 02, 2017 contact point) is a possible bounce spot for this Channel, which if successful can extend up to 1.1510 (previous support). If crossed then it should test 1.11765 and 1.11086 in succession. In both cases (rejection or break-out), we will continue shorting with those marks as TP = 1.11765 and 1.11086, especially after DX broke above a new 14-month High. The overall trend is bearish on a strong 1W Channel Down (RSI = 28.954).
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Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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