Impressive rejection from 1.00 which has been a key zone and some room to the downside on the daily.
Needs to clear 200 MA and 99.00, targets around red lines.
Could fake and push back up for another crack at 1.00 , the trend is bullish
Short term wedge looking to close soon , sell or buy the break .keep an eye on 'R1' & 'P' pivots
I'm Bearish on the pair and think it will break down
some support clustered around 113.50 - 113.00
Trade it as you will
Sunday morning traders!
For Monday there is a very nice shorting opportunity on FX_IDC:EURJMD
There is a very nice structure resist zone with the confluence of fibs -38.2-50.0. If you look left we see these key levels, which are our reversal zone and price is more likely to fall down until 133.67 for target 1 and ...