Given the pair continue trading at lows below 1.0830, the 1.0815 and the 1.0800, followed by 1.0790-95 horizontal support, are likely crucial supports to watch, which if broken can further drag it to 1.0730-25 support-zone. Should the pair reverses its recent breakdown, on near oversold RSI, the 1.0890 and the 61.8% Fibo level of 1.0920, adjacent to 1.0925 TL resistance, could confine its following pull back attempts. If the pair manages to surpass 1.0925, the 1.0950-55 and the 1.0980 might act as intermediate halts during its rally targeting
Trade ativo:
Entry point 1.08493