1D / 1W
Pair has been trading between key levels: 1.1724 (S) and 1.1800 (R).
Clear break above 1.1825 signals possible rise to 1.1909, followed by 1.2000 levels.
Clear break of immediate support @ 1.1660 signals possible decline to 1.1600, followed by 1.1460 in longer term.
1D to 1W timeframe, possible Bullish Flag with likely decline to 1.16807 to precede before completion.
Area of interest: 1.16807 - 1.1860
Previous session:
H = 1.1774
L = 1.1710
O = 1.1715
C = 1.1761
Pivot Point = 1.1790
Fibonacci:
R3 1.1860 R2 1.1820 R1 1.1770
S1 1.1690 S2 1.1660 S3 1.1620
Personal analysis only. Please use your own rules and strategies prior to entering market.
Pair has been trading between key levels: 1.1724 (S) and 1.1800 (R).
Clear break above 1.1825 signals possible rise to 1.1909, followed by 1.2000 levels.
Clear break of immediate support @ 1.1660 signals possible decline to 1.1600, followed by 1.1460 in longer term.
1D to 1W timeframe, possible Bullish Flag with likely decline to 1.16807 to precede before completion.
Area of interest: 1.16807 - 1.1860
Previous session:
H = 1.1774
L = 1.1710
O = 1.1715
C = 1.1761
Pivot Point = 1.1790
Fibonacci:
R3 1.1860 R2 1.1820 R1 1.1770
S1 1.1690 S2 1.1660 S3 1.1620
Personal analysis only. Please use your own rules and strategies prior to entering market.