tested the 200 m.a on the hourly graph and rejected it..... further drop is expected ......target 1.3056 stop loss....1.3190
Long position at 1.6008 Target 1. 62
short term H&S formation....... short position at 1.3248 stop loss 1.329 profit target 1.3150
Lower highs.....it is moving within a channel with negative slope.... i do believe it will test the 1.1250 before it will regain any upside momentum
Beautiful cup with handle formation........Good luck guys
The pair touched the long term trendline.......Furthermore, there is a divergence (price _ RSI) ......follow the fibo retracements.....for target.... Therefore long position should be placed at current levels 0.8580
The pair meets major resistance level.....expect a reversal at this point......Therefore, short position should be placed at 1.3215 .... target 1.3068
it seems that the pair run out of steam........it retraced back from lows and hit the 50%fibo......i guess it will test the 1.1280 level once again before it resumes its way up..
Time has come to see a correction ......Target 24000
Sell right at this level with a target at 1.2950
Short countertrend.....target as shown by the arrow
Short term H&S formation......Short position ....target 1.2968
once it breaks the trendline........jump in...(short postion) .... Targets as shown by the arrow
Favour further downside to 96 level
Go long right on the support line.......as shown by the arrow......TARGET 1.14 Good luck guys
The pair meets resistance at 1.0430. Go Short with target the lower band of the channel