There are a number of factors, why the pair is about to visit 140 level:
- Elliot consolidation wave C to get finished
- Fibonacci retrace level 0.618 is to drag the price lower
- Stochastic is supposedly to jump off 50 level
- Impulse wave 3-4 ressistance (blue ray) is now would act as support
- Elliot consolidation wave C to get finished
- Fibonacci retrace level 0.618 is to drag the price lower
- Stochastic is supposedly to jump off 50 level
- Impulse wave 3-4 ressistance (blue ray) is now would act as support