Price failed rather dramatically today by the Weekly R1/Daily PP
confluence. An ABCD pattern is forming and price seems to look
at the Weekly PP for support at 1,1262. The D-level stands slightly
lower at 1,1234 close to the Aug 12 swing high at 1,1210.
confluence. An ABCD pattern is forming and price seems to look
at the Weekly PP for support at 1,1262. The D-level stands slightly
lower at 1,1234 close to the Aug 12 swing high at 1,1210.