broke 108.00 - 108.12 support zone .now it will resume the decline from 118.65. Next target will be 61.8% fib from 98.97 to 118.65 at 106.48.
only above 111.1 will change the outlook.
overall the pair is correcting lower and i am expecting the slide to continue between 101.13 to 103.12 to Finnish the bullish pattern
and start of strong move to the upside.
but we must pay attention to 106.50 level. we may see the end to the correction and a start of impulsive
wave to the upside.
GOOD LUCK
only above 111.1 will change the outlook.
overall the pair is correcting lower and i am expecting the slide to continue between 101.13 to 103.12 to Finnish the bullish pattern
and start of strong move to the upside.
but we must pay attention to 106.50 level. we may see the end to the correction and a start of impulsive
wave to the upside.
GOOD LUCK