On a short term view, I notice a bullish trend line acting like a support where the price has triggered several rebounds since 1.1215.
There are 2 options there:
1. The support resists: Price could reach 1.1460 with the next 24 hours, Then go higher to 1.1500.
2. The support breaks down: Price could fall until 1.1300 then possibly 1.1230 by next week.
Enjoy trading!
There are 2 options there:
1. The support resists: Price could reach 1.1460 with the next 24 hours, Then go higher to 1.1500.
2. The support breaks down: Price could fall until 1.1300 then possibly 1.1230 by next week.
Enjoy trading!
Commento:
