After reaching the 1.25 target from my previous analysis posts price has reacted well and the next likely path is down towards the 1.15 area and below.
At this level we have a nice newly created weekly DEMAND/BUY zone which sits on top of a huge monthly zone also sitting bang in the middle of this weekly zone is the 2020 low at 1.14.
I will be looking for long...
we continue placing our sell order
as the bearish impulse move plays out.
risk reward ratio is very high.
Risk management is the key
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