As shown on the chart, i am still very bearish on this pair expecting much more downside into 2017. 1.0500 was a very strong key level for us, as once we had broken Y Supp: 1.0810 it was the next key Support this chart shows my current position. I expect a possible move back into 1.0500 4hr 20 EMA then further shorts down into W Supp:1.0370 and further.
Comments
UnknownUnicorn261897
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Nice analysis! I am looking to a similar area to get short. I am watching the 1.0506 - 1.0539 zone