Hello
I believe that this bearish trend that started on June 22 is still going on and this is a correction that is nearing its end. But how far does it go?
The price may rise to 1.09775 and then fall.
My first target is 1.08900 which is a good support area. But it is likely that lower numbers will be touched as well.
Also, the consumer confidence index is published today, which can be the beginning of a fall.
thank you
I believe that this bearish trend that started on June 22 is still going on and this is a correction that is nearing its end. But how far does it go?
The price may rise to 1.09775 and then fall.
My first target is 1.08900 which is a good support area. But it is likely that lower numbers will be touched as well.
Also, the consumer confidence index is published today, which can be the beginning of a fall.
thank you
Trade closed: target reached:
80 pips in 39 hours. Good