The pair broke weekly TL which held since 2014 , and has retested. Now we can see clear market direction to the downside this is confirmed by MA crossover to the downside and a break of daily TL.
Target 1 @ 1.292261 , Target 2 @ 1.282262
A lack of clear market direction has resulted in less analysis from us , when market conditions are not clear sit on your hands and wait let the market breathe!
Target 1 @ 1.292261 , Target 2 @ 1.282262
A lack of clear market direction has resulted in less analysis from us , when market conditions are not clear sit on your hands and wait let the market breathe!
Note
Target 1 hit 251 pips banked , the pair is now its way to our second target
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.