we are in a steady move to the downside, 1.36 capped the double top at the 50% fib level - with the neckline at 1.30 on the horizon a break below will unlock 1.25 as a potential target.
This 1.25 is also the 76.4% retrace from April 2015 lows.
Keep one eye on 1.34 as the handle, this is needed to be broken to show significance for the bull run.
Best of luck and please remember to click like and follow!
This 1.25 is also the 76.4% retrace from April 2015 lows.
Keep one eye on 1.34 as the handle, this is needed to be broken to show significance for the bull run.
Best of luck and please remember to click like and follow!
Comment:
still no signs of bulls in control above 1.34
