cMay fall 50-100 pips
Price still continuing in an upwards channel with support at 1.1021. Due to fundamental analysis the price mat see a continuation downwards, however to trend may continue with further update with resistance at 1.1140
Intraday - 4H
Trade: Sell
Entry 1.1005
Sell or Below: 1.1021
Target TP: 1.0989 & 1.0949
Pivot and Support 1.1021
Alternative scenario:
Trade: Buy
Bur or Above: 1.1021
Target TP: 1.1090 & 1.1140
Price still continuing in an upwards channel with support at 1.1021. Due to fundamental analysis the price mat see a continuation downwards, however to trend may continue with further update with resistance at 1.1140
Intraday - 4H
Trade: Sell
Entry 1.1005
Sell or Below: 1.1021
Target TP: 1.0989 & 1.0949
Pivot and Support 1.1021
Alternative scenario:
Trade: Buy
Bur or Above: 1.1021
Target TP: 1.1090 & 1.1140