The Next Move
I'll keep this short and sweet and if you need to know how we got here then please refer to my previous posts.
From here I'm expecting a small retracement back to support before we hit our target area of 1.0920-1.0940.
So far this has been an impressive bullish run so far and the way it reversed makes me think there is a fair chance it will surpass 1.10 and hit our second target 1.12 - 1.15.
Just keep in mind that our target area of 1.0920-1.0940 is also a very strong resistance level. It will take all its got to get passed 1.10 but we will see. At this level I will be a seller until we break above 1.10.
Good luck.
From here I'm expecting a small retracement back to support before we hit our target area of 1.0920-1.0940.
So far this has been an impressive bullish run so far and the way it reversed makes me think there is a fair chance it will surpass 1.10 and hit our second target 1.12 - 1.15.
Just keep in mind that our target area of 1.0920-1.0940 is also a very strong resistance level. It will take all its got to get passed 1.10 but we will see. At this level I will be a seller until we break above 1.10.
Good luck.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.