This pair has completed a 720-day top-to-top harmonic range
a 618-day bottom-to-top structure
and a 376-day AB = CD range time
All 3 symmetric ranges coincide on 11th of September, we expect this signal to take effect between
now and 11th September. First target is indicated on the chart with extension towards the 102 price level.
Please note that this symmetry also means price can enter a new zone above the current resistance level
at 117.30. We would favor short positions by our analysis but please set tight stop loss ranges as a
sustained break above the 117 zone might see wider swings with spikes.
Take care and good luck
a 618-day bottom-to-top structure
and a 376-day AB = CD range time
All 3 symmetric ranges coincide on 11th of September, we expect this signal to take effect between
now and 11th September. First target is indicated on the chart with extension towards the 102 price level.
Please note that this symmetry also means price can enter a new zone above the current resistance level
at 117.30. We would favor short positions by our analysis but please set tight stop loss ranges as a
sustained break above the 117 zone might see wider swings with spikes.
Take care and good luck