There is 2 possibility,
(1) Approaching support at 1.26617 or
(2) Approaching resistance at 1.31747
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If the price breaking support then lower hight toward 1.19048 where we expect to rebound
You can try look at weekly to get the bigger picture on the structure
Approaching support at 1.26617
After that, there is 2 possibility idea on this pair.
Either it can break and go down for some day or start making new lower hight toward 1.19048 where we expect to rebound
US Dollar Index approaching resistance where we expect a drop
After that, there is 2 possibility idea on this pair.
To test lower at 96.90, and continue down for some day or start to climb
or to test high low at 93.81 will start to climb up
#XAGUSD : Silver look weight to going down to test weekly high low at 13.921. After that there is 2 posibility idea on this pair. To test weekly lower at 13.625, and continue down for some day or will start to climb up
Weekly :
Daily:
For Monday 05 Nov 2018
Wait for minor retracement at the range between 1.3144 to 1.31566 or you can look closely at 1.31234 when it already test the sky.
Then you can consider to TP at this price range 1.2990 and its about 130 pips. But, please look at the market first
#Dayor
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Side note: Probably will be going down until 1.29115 by end of this week ( 05~09...
