In the short term, I see a bit of consolidation around the 1.1070 and 1.1080 Range. I would like to see a breakout to retest the resistance of 1.1100. With a bearish trend in mind, I think the this pair will likely retrace far enough into a minor resistance zone to give sell scenarios at 1.1108,1.1116, and 1.1122. Targets for a short would extend to the 1.1009 level which corresponds with a major support zone. A break above 1.1139 would likely see resistance towards 1.1165 before continuing down towards liquidity experienced on January 3rd.
Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.