Price has formed E Calculation based Wave which indicates further down move towards 78.80 support area as per Price Theory Calculation.
If the price can break the B point, it will be quite confirmed to reach the target area. As per current structure, C point has been rejected several times to take it as strong resistance which bulls cant break. So, as long as the price remains below 80.50 area, the Bearish bias with target towards 78.80 is expected.
We have been quite accurate in all our analysis so far, those who have followed all our analysis so far has already gained great amount of pips (on average 200+ pips) recently.
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** Trading consists of risks, you need to understand not every trade ideas can provide 100% profit assurance. Do proper trade management, and for learning how to analyze markets you can join MFX CENTER . net (MFX UNIVERSITY) with LIFETIME ACCESS.
If the price can break the B point, it will be quite confirmed to reach the target area. As per current structure, C point has been rejected several times to take it as strong resistance which bulls cant break. So, as long as the price remains below 80.50 area, the Bearish bias with target towards 78.80 is expected.
We have been quite accurate in all our analysis so far, those who have followed all our analysis so far has already gained great amount of pips (on average 200+ pips) recently.
Follow and Subscribe to let us know, you want more profits for your trading account.
** Trading consists of risks, you need to understand not every trade ideas can provide 100% profit assurance. Do proper trade management, and for learning how to analyze markets you can join MFX CENTER . net (MFX UNIVERSITY) with LIFETIME ACCESS.