Target: 1.45
Stop loss: 1.12200
RR: 1.5
My experience from price action of this pair tells me this can go to maximum 1.12500. Which is 0.786 fib level. It already stopped at 0.618. Then it will bounce from here upwards strongly. There were positive news about EUR today which means banks did it intentionally to trap more traders before taking long positions.
Price Range: This range has attracted buyers, one again price was entered into this attraction, and buyers were seen active.
Buyers lost their control against sellers and price was pushed down with average volume.
Invalid Diji / Suspicious Alarm :
Compare to surrounding 3 candles volume, Doji has an extremely low volume that indicates suspicious...
Our pair rose to the mark 1.490, in which has found the resistance level and at the moment goes to the mark of 1.1310 which previously was the support level.
Our technical indicators point to sale and we believe the local minimums will be updated.
Therefore we advise to look for points to enter short positions, taking into account a possible turn from the...
