Good Day,
The EXY has three price targets for the 120 supply zone, next candle momentum is suggested to be bullish to the first indicating that the price is entering a bullish momentum. But, the RSX RSI is showing that this is a bearish trend and so we would need a higher low to the current low to be in a clear bullish trend -that higher low hasn't happened.
So for that reason, 105.01 is the closest target out of the potential three. Attention to fundamentals upon the Euro will be important for this one as it takes its time trading up.
The EXY has three price targets for the 120 supply zone, next candle momentum is suggested to be bullish to the first indicating that the price is entering a bullish momentum. But, the RSX RSI is showing that this is a bearish trend and so we would need a higher low to the current low to be in a clear bullish trend -that higher low hasn't happened.
So for that reason, 105.01 is the closest target out of the potential three. Attention to fundamentals upon the Euro will be important for this one as it takes its time trading up.