Target 2 at 1.52525 has been reached. We closed the remaining 50% of our position and now we are looking for the next opportunity to enter the market.
Support & Resistance 1.53327 1.53548 1.53030 1.53833 1.52898 1.53965
H4 Chart (Strong UP)
The market is approaching the support at 1.52821 . We are waiting to see reversal signals in order to reinstate LONG positions. Next important support is the 1.52619 level.
Support & Resistance 1.52821 1.53124 1.52619 1.53498 1.52092 1.53833
Daily Chart (Strong Down)
The market is approaching the resistance at 1.54016 . We are waiting to see reversal signals in order to reinstate SHORT positions. Next important resistance is the 1.55924 level.
Support & Resistance 1.52666 1.54016 1.52092 1.55924 1.51065 1.57096
Weekly Chart (Neutral)
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.
Support & Resistance 1.52666 1.59912 1.50518 1.62060 1.47707 1.64871