Technical Analysis : On the 1-hr time frame the price is trading within a bullish flag formation where the sellers are in control. Our expectation is a further move to the downside where we have the daily support @ 0.9791 level. This support might prove difficult and lead to a move upward to the 1.1661 mark. ------------------------------------------------------------------------------------- Trade Idea:
Buy Limit @ 0.9791 Take Profit 1 @ 1.1661 Take Profit 2 @ 1.2000 Stop Loss @ 0.9223