What if breaches?
We might see 1.0230 and 1.0340 its Dec 2016 high.
- The euro closed below 61.8% fib reaction; changed the format to sell on rising strategy targets 1.1400 and 1.1350 with a stop loss at 1.1625.
Turning to cable, it has parallel support finds at 1.2890 below here 1.2865/1.2850, and 1.2820/1.2800 exists.
The kiwi dollar NZD sank below September low 0.65, currently trading at 0.6489. Intraday pivotal finds at 0.6470/0.6460. Below here, 0.6400 and 0.6350 exists.
Finally, the Aussie dollar is testing the September low 0.7085, currently manages to hold the previous low and trading at 0.7100. A move below 0.7085 needed to retrace further to 0.7050 and 0.7000 mark.