Target: 1.0830
Risk: 1.1675
Technical Reasons:
The price succeeded to exit the sideways range by breaking its support line, and the next target is the recently recorded bottom at 1.1096.
The exponential moving averages 50 and 100 form negative pressure, and MACD offers bearish trend signals that reinforce the expected decline.
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Risk: 1.1675
Technical Reasons:
The price succeeded to exit the sideways range by breaking its support line, and the next target is the recently recorded bottom at 1.1096.
The exponential moving averages 50 and 100 form negative pressure, and MACD offers bearish trend signals that reinforce the expected decline.
www.fxhighway.com
www.facebook.com/fxhighwaycom/
twitter.com/
plus.google.com/1054...15961677289743/posts
