Good evening traders, this is my analysis for this currency pair. I do believe that we will see a retest of the current low of the area of interest that I marked for you (09/2019). There a huge support level on the weekly chart and I do believe this will be a crucial decision point where either bulls or bears will prevail.
I marked the support level between 115 and 116 where I expect something to happen in the coming week. You can look for potential "short term" buys or sells when the market even out after today's open.
Let me know in the comments what you think and also if you like my analysis. I will try to post most consistently.
I marked the support level between 115 and 116 where I expect something to happen in the coming week. You can look for potential "short term" buys or sells when the market even out after today's open.
Let me know in the comments what you think and also if you like my analysis. I will try to post most consistently.