Waiting for price to break out of the triangle either upside or downside.
Bearish below 0.995 and bullish above 1.00
As chart is very similar to DXY, there is a possibility for price to go to 1.005 area and reverse from there for the leg lower to 0.995 and 0.985.
Bullish above 101 with targets at 101.5 and 102
Bearish below 100 with target at 99
I would like to see the price go to 100.8 - 101, reverse from there and break 100.4, 100 levels all the way to 99 level.
Short below 1.23
Long above 1.24
I see cable bullish in long term
I would like to see the price go down to 1.225 - 1.22 area, may be bounce of lower line of triangle and reverse from there to go long trough 1.23 and 1.24 to 1.257
I would like to see bounce back to 100.33, reverse and break above 101 level to profit target at 102.
Level 101 is very strong resistance level from multiple time frames.
Otherwise close below 100.33 will open the way to 99.24