The recovery from 0.9320 is continue. Intraday bias is cautiously back on the downside for 0.9425 support first. It's still in the up-trend channel, further rise should be seen to 78.6% retracement of 0.9320 to 0.9490 at 0.9455 next. 0.9470 is the next resistance and it'll test 0.9500. On the downside, though, break of 0.9425 will turn focus back to 0.9405 and 0.9385 support instead.
The target is 0.9500.
Turning point: 0.9425.
Above 0.9425, bullish , target price is 0.9470,then 0.9500.
Under 0.9425, bearish , target price is set at 0.9405, then 0.9385.
Prior Strategy:
The target is 0.9500.
Turning point: 0.9425.
Above 0.9425, bullish , target price is 0.9470,then 0.9500.
Under 0.9425, bearish , target price is set at 0.9405, then 0.9385.
Prior Strategy:
Comment:
TP1 reached.