EurUsd Pair from 1.1060 Resistance Level
EurUsd Pair - After adding 160 pip to the Index from Low at 1.0880 and my Gap theory - A Lower Phase and Support Level is seen at 1.0993 from here it first appear that the Rate is capable of sustaining A Longer Term Outcome onto 1.1236
But from further observation one can see A Previous Resistance Level allocated at 1.1100 which may affect the trend from swinging any higher.
So lots of possibilities here to Watch Out for until a settled Price Range can be arrived at. Further time should provide us with A Clear Picture. On opinionated evidents only I would expert A Lower End Result to the Chart Phase nearer and around 1.0801 and below this Level Longer Term - Near Term there a little room at this moment towards Higher Pricing Structure.
But from further observation one can see A Previous Resistance Level allocated at 1.1100 which may affect the trend from swinging any higher.
So lots of possibilities here to Watch Out for until a settled Price Range can be arrived at. Further time should provide us with A Clear Picture. On opinionated evidents only I would expert A Lower End Result to the Chart Phase nearer and around 1.0801 and below this Level Longer Term - Near Term there a little room at this moment towards Higher Pricing Structure.
Comment:
EurUsd Update 17/10/2019 Hi everyone I`ve made a small mistake on the remaining and current pips within the index - Look for 1.1156 at high and this is maximum pips added to the index at this time. and not 1.1290 - 1.1236 as previously mentioned.
Trade closed: target reached:
Target Reached 1.1156 added overbought value 1.1224 if Price rises.
