The long zone starts at the 124.50 level. The potential targets can be the larger offer levels of Institutional Holders. These are the 124.98, 125.50, 125.95 and the 126.55 levels.
The short zone starts at the 123.32 level. In this case he potential targets can be the larger bid levels of Institutional Holders. These are the 123.02, 122.55 and the 122.20 levels.
Since the price is in the long zone now (124.70), the first target is the 124.98 level.
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The short zone starts at the 123.32 level. In this case he potential targets can be the larger bid levels of Institutional Holders. These are the 123.02, 122.55 and the 122.20 levels.
Since the price is in the long zone now (124.70), the first target is the 124.98 level.
If you like the analysis, and you would like to see our forecasts among the first, you give me a follow.
If you're already following, thanks for the support.
Follow Smart Money
Twitter: @FXSmartMoney
Comment:
The price reached the 1st OFFER level.
Comment:
The price reached the 2nd OFFER level.