Previous price zone has been breached (see this chart for previous zone:
I am now anticipating the pull-back and re-test of the previous bottom/support @ 1.15000 - this will provide the perfect opportunity to short the pair and create a new level of resistance. Final TP will eventually be @ 1.08000.
Many updates on the way.
and we are finally seeing strong downwards movement into our next trading zone. We can now expect all future trades to take place within the 1.15800 - 1.08000 range. I am now anticipating the pull-back and re-test of the previous bottom/support @ 1.15000 - this will provide the perfect opportunity to short the pair and create a new level of resistance. Final TP will eventually be @ 1.08000.
Many updates on the way.
Comment:
Re-test possibility
Order cancelled:
Dollar recovery delayed.