This descending triangle drawn on the Daily Chart could break to the upside and in this case 1.33200 is the first target & 1.35000 is the next one if the trend remains bullish.
Or it could bounce on the trendline and go back to the 1.30000 area, retest the 1.30400 level before going even lower.
I would wait to see how it goes after the market reopen before considering to enter in a trade.
WARNING : Tuesday at 9:30 GMT takes place the Consumer Price Index so be careful
Have a good week
Or it could bounce on the trendline and go back to the 1.30000 area, retest the 1.30400 level before going even lower.
I would wait to see how it goes after the market reopen before considering to enter in a trade.
WARNING : Tuesday at 9:30 GMT takes place the Consumer Price Index so be careful
Have a good week
Comment:
Traget Hit !
Next target to the upside is 1.3500
Next target to the upside is 1.3500
Target is 1.3300.