4H / 1W timeframe
A possible retest of 1.2412 may be underway before reversal is seen.
A break of 1.2680 has completed with possible downward trend to 1.2525 with 1.2500 being Psychological Technical Support level.
Break below 1.2500 is possibly followed by 1.2412 with further target of 1.2310 with break of retest.
High probability that trend reversal will take place pushing back towards 1.2600 level. 1.2800 serving as Psychological Technical Resistance level.
Clear break above 1.2690 possible indication for Bullish trend towards 1.2739, followed by 1.2940
Previous session:
H = 1.2692
L = 1.2557
O = 1.2679
C = 1.2584
Pivot Point = 1.2660
R3 1.2816 R2 1.2751 R1 1.2717
S1 1.2617 S2 1.2552 S3 1.2518
Personal analysis only. Please use your own rules and strategies prior to entering market.
A possible retest of 1.2412 may be underway before reversal is seen.
A break of 1.2680 has completed with possible downward trend to 1.2525 with 1.2500 being Psychological Technical Support level.
Break below 1.2500 is possibly followed by 1.2412 with further target of 1.2310 with break of retest.
High probability that trend reversal will take place pushing back towards 1.2600 level. 1.2800 serving as Psychological Technical Resistance level.
Clear break above 1.2690 possible indication for Bullish trend towards 1.2739, followed by 1.2940
Previous session:
H = 1.2692
L = 1.2557
O = 1.2679
C = 1.2584
Pivot Point = 1.2660
R3 1.2816 R2 1.2751 R1 1.2717
S1 1.2617 S2 1.2552 S3 1.2518
Personal analysis only. Please use your own rules and strategies prior to entering market.