Globally, the market is neutral-bearish. The lower boundary of the symmetrical triangle on D1 is the actual target (testing the liquidity area). Based on the general situation on H4 it is worth paying attention to such zones as:
Resistance: 1.0725 (possible false breakout)
Support: 1.069 (breakdown. Consolidation below will activate sell-offs).
The market has a potential of about 1.10%.
No news today, the fundamental and technical background is still in place.
Resistance levels: 1.0725, 1.0812
Support levels: 1.069, 1.0606
On the daily timeframe, last week is closing very poorly, which most likely may hint at a possible continuation of the decline. The key target has not been reached yet, the potential is open.
Regards R. Linda!
Giao dịch đang hoạt động:
Resistance retest
Giao dịch đang hoạt động:
False resistance breakdown
Giao dịch đang hoạt động:
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