Hello Traders,
Looks like this pair took us out but has come to a strong historic support area now expecting a reversal around this area to happen.
Tp1 to the above resistance area where the price consolidated for a while and tp2 to above previous support area,
Also a good fib retracement 23 tp1 and tp2 a 60 fib area,
This could happen tomorrow or it could possibly happen on monday with usd cpi.
Fundamentals may help our way back up.
But we shall see what happens,
Leave a comment of what you think will happen.
Looks like this pair took us out but has come to a strong historic support area now expecting a reversal around this area to happen.
Tp1 to the above resistance area where the price consolidated for a while and tp2 to above previous support area,
Also a good fib retracement 23 tp1 and tp2 a 60 fib area,
This could happen tomorrow or it could possibly happen on monday with usd cpi.
Fundamentals may help our way back up.
But we shall see what happens,
Leave a comment of what you think will happen.