Target: 1.1700
Risk: 1.1495
Technical reasons:
Surpassing the descending channel’s resistance opens the door for a key turn to the short term trend, to head towards 1.1700 areas in the coming period.
The consolidation above 1.1495 is important to continue the expected bullish trend.
Risk: 1.1495
Technical reasons:
Surpassing the descending channel’s resistance opens the door for a key turn to the short term trend, to head towards 1.1700 areas in the coming period.
The consolidation above 1.1495 is important to continue the expected bullish trend.