Trading week slowly going to an end and while everyone looking for a bounce let's closely watch low at 1.0634/36...
It is daily support on the charts.
a) Bears can target sub 1.06 first and 1.0517 as main and extreme s/t target. This scenario need fuel from the sudden news front in other case looks a bit overdone with the speed pace and gives a hope for bulls for some bounce.
b) If 1.0634 holds we can expect boring climbing till 1.0780 (1.0831 extreme) within next week trading.
TTFN
P.S. Main trend to the south.
It is daily support on the charts.
a) Bears can target sub 1.06 first and 1.0517 as main and extreme s/t target. This scenario need fuel from the sudden news front in other case looks a bit overdone with the speed pace and gives a hope for bulls for some bounce.
b) If 1.0634 holds we can expect boring climbing till 1.0780 (1.0831 extreme) within next week trading.
TTFN
P.S. Main trend to the south.
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Not legal and financial advice;
Any information provided here is only the personal opinion of the author.
Any information provided here is only the personal opinion of the author.