1. Hit weekly resistance zone 2. 8-9 days of consolidation 3. Strong move down side 4. Retest of weekly resistance zone 5. Continiue to move down side
I can clearly see weekly support zone from 109.900 to 109.700, also on dayli chart we can see strong pin bar, so i would say that our first target is 110.500, second target is 110.020. Weekly first target is 109.900 and second target is 109.700.