As the chart displays, after an anticipated bullish up move the pair has halted @ 1.39500.
It seems the pair is struggling to break the 61.8% Retracement zone after multiple attempts.
Our first target is 1.13000
2nd Target: 1.11500
Depending on the behaviour of price action will we know if we are headed lower to Target 2
Happy trading.
IAG MARKETS
It seems the pair is struggling to break the 61.8% Retracement zone after multiple attempts.
Our first target is 1.13000
2nd Target: 1.11500
Depending on the behaviour of price action will we know if we are headed lower to Target 2
Happy trading.
IAG MARKETS
Trade closed manually:
Market situation changed.
Trade active
Trade closed: target reached