Sterlina / DollaroShort
1.51 Level being tested - Short
1.51 level = previous Support, turned Resistance
Established downtrend -> Consolidation over 1.51 level -> possible Downtrend continuation
1.51 level broken to the downside
1.51 level being tested, at Resistance, with possible Price Action exhaustion (overbought)
Target -> Market Memory -> Low formed near 1.48258, from MAR to JUL 2013
Established downtrend -> Consolidation over 1.51 level -> possible Downtrend continuation
1.51 level broken to the downside
1.51 level being tested, at Resistance, with possible Price Action exhaustion (overbought)
Target -> Market Memory -> Low formed near 1.48258, from MAR to JUL 2013
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