A Very High probability, entry signal to go LONG
was given at 1.0295 after the market found support
at 1.0270. Only the downward break of 1.0270
would cancel the bullish scenario and take us
SHORT.
Price is trading above its 50 SMA and its 200 SMA.Price is likely to rise even further.Price sitting above Fibo level 0.618% Acting as a support.
We can expect price to retest 1.04186 and 1.05152.
was given at 1.0295 after the market found support
at 1.0270. Only the downward break of 1.0270
would cancel the bullish scenario and take us
SHORT.
Price is trading above its 50 SMA and its 200 SMA.Price is likely to rise even further.Price sitting above Fibo level 0.618% Acting as a support.
We can expect price to retest 1.04186 and 1.05152.