MARKET ANALYSIS: The pair is now trading near the resistance area, If the resistance holds we can expect a new lower lows to the next possible support level. The probability are high since we seen plenty downwards movements with minor retracements.
So lets wait for the market to break the minor support near the 1125 level. Then next target will be near the major support level. So lets wait and see what the market does in the coming days. Cheers!
So lets wait for the market to break the minor support near the 1125 level. Then next target will be near the major support level. So lets wait and see what the market does in the coming days. Cheers!
Trade active:
Support zone holding. Wait for a breakout to go huge south. Still trend is in sell trend so no can hold the trade. Cheers~
