The price is re-testing at resistance to keep into down trend up the next stop.
The price is entering into a strong buying zone from the past two years.
Looking for a break up from a sideways zone in daily timeframe
Waiting for reversal pattern confirmation to go in short. Otherwise, we will going to looking for a buy opportunity in long.
Basically the price is on sideways on 1D, but the price is on going to buy pressure zone on 4H. Strong Buy opportunity when the price falls down below 106.500. Exist possibility to start risen on Monday as well.
The Price is on resistance in timeframe of 1D. That means a high possibility the buyers aren't willing to negotiate the price above 114.300. Therefore the following weeks the price will go near of 112.200.
The price is located at strong resistance at timeframe of 1D. If the price broke this resistance will going at 61% leve by fibonacci.