This market is in a funny area right now. I have marked the key swing level and zone in blue where price has shifted and ranged massively and now we are at that point again.
I did my analysis on the Daily chart and saw yesterdays candle close as a bearish pin bar with some significance. I missed my retracement entry but managed to get another intraday entry around the retracement price.
I anticipate this market to move bearish and take out the recent lows and make its way to the previous structure level marked on the chart around 0.85369
Best of luck on the charts
I did my analysis on the Daily chart and saw yesterdays candle close as a bearish pin bar with some significance. I missed my retracement entry but managed to get another intraday entry around the retracement price.
I anticipate this market to move bearish and take out the recent lows and make its way to the previous structure level marked on the chart around 0.85369
Best of luck on the charts
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