2017-05-03:
Price action currently siting on a previous 50% level. Having broken the previous structure low and closed below, this price action has broken the SMA50 and Upper Trend line, and is heading south. On a short term retracement.
Assuming continuation of Bearish move, the next target should be 1.0766 at previous structure Resistance. A move of around 30 pips.
Price action currently siting on a previous 50% level. Having broken the previous structure low and closed below, this price action has broken the SMA50 and Upper Trend line, and is heading south. On a short term retracement.
Assuming continuation of Bearish move, the next target should be 1.0766 at previous structure Resistance. A move of around 30 pips.