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Like2Move
Sep 16, 2016 5:50 PM

Temporary pullback @ 1.30 zone expected Long

British Pound/U.S. DollarFXCM

Description

Fib extension 1.618 plate to support zone fib 0.764 @ 1.30 and a pullback up to 1.31 ... 1.315 expected.
Comments
mike1223
1.30 is just psychological, once it breaks we're heading to 1.285
Like2Move
Not just psychological:
mike1223
I don't think even 1.2950 is going to be a support next week. fed hike volatility, and BoJ further easing will send dollar even higher. any long before 1.2600 would be a loss
Like2Move
A pullback will show :)
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