We have already talked about our TARGET 2019 in daily analysis (see chart below), so now we just publish some short-term analysis to try to understand what the next dynamics might be. That said, we want to see intraday chart avert what happened previously, thus excluding a new BOTTOM, but until that happens, we can not rule out a new bearish leg before to see the new uptrend development. The first sign of failure of this bearish pattern (DOUBLE TOP) is the 160 breakout area and subsequent achievement of the key level at 168.67, if this happens it will be more comfortable to think of taking a long position on potential retracement.
2019 FORECAST
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2018 FORECAST
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At the moment, no change from our point of view...
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If this analysis reaches at least 100 like, we will post a new update, thanks to everyone for your support !!!
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If the pair wants to work our resistance area, it should do it with this harmonic structure ... let's see !!