Price: 91.0371
Trend Analysis:
-Move Market @ Previous lower low area where it touched this same area last year Feb, 2023 (only touched this area once). Bearish trend looks to end expecting reversal (inclined) ... Expect 0.4% - 0.73% incline
Structure:
- Trend is already +0.24% (area of volatility increase), with News & release This week expect to revert to (+3.55%) - (+4.5%) (inclined expectation)
Support & Resistance Levels:
Highs = 91.6918, 92.6549,94.8817, 95.8249
Lows = 90.3777, 89.4849, 86.3687
Crossovers & Moving Averages:
(-35% - (-40%) = Abort trade
News & Events: Expect release to allow market to conform to +4.5% incline over next few days or so or somewhere around 3.55% - 4.5%
PosibleScenario Analysis:
market continue to -0.73%, then jump 2.5% TP @ 92.6423, then incline another 2.2% Tp= 96.7823
Objective & Targets:
Follow incline to 3.55% TP @ 94.8817