Major resistance – 1.12650 (trend line joining 1.13760 and 1.13248)
Major support - 1.1178 (55 day 4H EMA)
Buy above breakout 1.12625 with SL around 1.1200 for the TP of 1.1375/1.1435
Comments
piletji
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also possible.......lets wait and see
piletji
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i meant in my opinoin
FxWirePro
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The chance of showing dip below 1.1160 is very less
piletji
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I my opinion the think it will drop to 1.098
piletji
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ok....that makes sense
piletji
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If you can just enlighten me, why are you saying Long while everything is pointing short, the previous candle closed below the trend line, you've got strong rejection of price around 136 level
FxWirePro
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I have never asked to buy now Only above 1.12620. it is not the right time to go short becoz risk reward ratio is less.