On my previous analyse (Jan 15th) the price was testing an important support zone which broke as expected reaching my first target (1.2078).
At the beginning of December, the 1.2078 area got tested a few times but without success and the market continued up.
Now, we might have a re-test and the same market behavior.
Personally, I continue to expect a bearish move and a breakout of 1.2078 area, my next target will be 1.950.
If you have a different view, please share, I would love to hear your analysis.
At the beginning of December, the 1.2078 area got tested a few times but without success and the market continued up.
Now, we might have a re-test and the same market behavior.
Personally, I continue to expect a bearish move and a breakout of 1.2078 area, my next target will be 1.950.
If you have a different view, please share, I would love to hear your analysis.
