Weekly S2 at 1,06
127 Fib Swing Expansion at 1,0560
Monthly S2/ Weekly S3 at 1,0535-25
Multi Year Low 1,0460
Note the Long Term Trendline which was broken
on the 12th of Aug 2015. A retest from above may
give a bounce. Weekly Pivot Point was tested
yesterday with subsequent 100+ pip drop.
A daily close above it may give relief for
bulls short term. General Bias is Bearish after
the Broken Flag Pattern Agu 23rd
127 Fib Swing Expansion at 1,0560
Monthly S2/ Weekly S3 at 1,0535-25
Multi Year Low 1,0460
Note the Long Term Trendline which was broken
on the 12th of Aug 2015. A retest from above may
give a bounce. Weekly Pivot Point was tested
yesterday with subsequent 100+ pip drop.
A daily close above it may give relief for
bulls short term. General Bias is Bearish after
the Broken Flag Pattern Agu 23rd