1. currently am not able to make any decision regarding this pair,
2. i will wait for it to reach the support area marked in chart, from there, i will eaither buy with a reversal pattern (abcde) reversal movement, or i will sell and ride the downward movement,
3. after this movement i will decide on the next movement,
4. buying will get a target of 103.20, selling will have a strong downward movement,
5. for me, i guess it has to reach 103.20 before deciding any major movement on the pair.
2. i will wait for it to reach the support area marked in chart, from there, i will eaither buy with a reversal pattern (abcde) reversal movement, or i will sell and ride the downward movement,
3. after this movement i will decide on the next movement,
4. buying will get a target of 103.20, selling will have a strong downward movement,
5. for me, i guess it has to reach 103.20 before deciding any major movement on the pair.