The price has reached our buying area, bounced perfectly and reached our profit target from Friday. Now we turn bearish below 1.0090 resistance (Fibonacci retracement, horizontal pullback resistance) where we expect a reaction from a drop to 1.0033 support (Fibonacci retracement, horizontal support).
Stochastic (21) is seeing strong resistance at the 94% level.
Sell below 1.0090. Stop loss is at 1.0118. Take profit is at 1.0033.
No comments:
Post a Comment