Daily Chart
PA is bearish. Any run up will be considered a retracement. R1 comes at 0.9680 and above that we shoot for Long term R2. 0.9970
There are three Horizontal supports a few pips away from one another depicted by the black lines. This pair I am watching keenly to
capture any bounce.
S1 0.9550
S2 0.9535
S3 0.9520
PA is bearish. Any run up will be considered a retracement. R1 comes at 0.9680 and above that we shoot for Long term R2. 0.9970
There are three Horizontal supports a few pips away from one another depicted by the black lines. This pair I am watching keenly to
capture any bounce.
S1 0.9550
S2 0.9535
S3 0.9520
Note
My focus has shifted to the horizontal supports since PA broke the TL support:Areas of interest:
S1: 0.9550
S2: 0.9535
S3: 0.9520
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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.