Hi Folks
Here's an updated view on this pair. We missed the target for just few pips since 1.20 and still patiently to hit it in the coming days.
This accumulation area it is quite interesting because many people is expecting a strong bounce from here and most probably will happen just the opposite, hence the target has been replaced a bit lower to 1.09 to 1.08.
US economy is performing better than Europe and may start with interest hikes earlier so the USD will remain more attractive for big funds and investors.
STAY SAFE. Cheers.
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Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
Here's an updated view on this pair. We missed the target for just few pips since 1.20 and still patiently to hit it in the coming days.
This accumulation area it is quite interesting because many people is expecting a strong bounce from here and most probably will happen just the opposite, hence the target has been replaced a bit lower to 1.09 to 1.08.
US economy is performing better than Europe and may start with interest hikes earlier so the USD will remain more attractive for big funds and investors.
STAY SAFE. Cheers.
-------------------------------------------------
Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.