Im predicting history to repeat itself on the H1 and H4 timeframe. Price looks to continue going short to about 1.41435 - 1.41244.
Price will eventually go longterm to around 1.42155 - 1.43426. It might mirror how price for last week went (not exactly like it but precisely). If not I'm looking for a breakout in a buy to around 1.434256. Still possible...
My prediction is price will continue to sell to around 1.41642. I am using my Moving Average, RSI, and Bollinger Bands indicators to help make my analysis.
H4 Timeframe:
H1 Timeframe:
Price has already touched top Bollinger band, went short to middle Bollinger, then did a retest and now back short before the market closed on the 27th. I'm expecting price...
Based on my analysis, I'm predicting price is to sell around 1.40911 as that being a zone area (support level). Once it reaches that area I predict it will go longterm reaching 1.41945 to 1.42141. 1.42141 is a higher zone area (resistance level) that I believe it will eventually break through if not this week maybe next week or the week after.
If it breaks...
