- In daily timeframe, price had formed doji bars for 3 consecutive days. A strong movement is expected next week.
- Zooming in a shorter timeframe, price is ranging in a 40 pips range, rejecting the support zone for 6 times.
- If the price managed to break the support, i'm projecting it to go down to 1.1260 level
- If the price managed to break the upper trendline, i'm projecting the price will go up to 1.1500 level
- Zooming in a shorter timeframe, price is ranging in a 40 pips range, rejecting the support zone for 6 times.
- If the price managed to break the support, i'm projecting it to go down to 1.1260 level
- If the price managed to break the upper trendline, i'm projecting the price will go up to 1.1500 level
Trade closed: target reached
- Seems like it retracing a bit
- I'm projecting that the price will further dive into 1.3000 level
TAYOR