In the daily time, following the price movement between the two ranges of 1.03198 and 0.87322 is the best choice.
We are witnessing two harmonic class A and B patterns. Now, by completing the class B pattern in the range of 0.91791, we can expect a positive reaction and rise. Considering the fluctuation range between 0.90957 and 0.94330, we can see erosion and increase movements up to the range It had 0.94330.
After its failure, which is very important, we have three targets in the ranges of 0.95508/0.96638/0.97835 according to the corrective Fibo and in the intersection with important ranges of pivot points. It is necessary to touch all of them. Does not exist .
A scenario with a weak probability to break the range of 0.90957 and decrease further to the range of A and C of the previous trend can be considered to form a positive divergence and then start to climb.
We are witnessing two harmonic class A and B patterns. Now, by completing the class B pattern in the range of 0.91791, we can expect a positive reaction and rise. Considering the fluctuation range between 0.90957 and 0.94330, we can see erosion and increase movements up to the range It had 0.94330.
After its failure, which is very important, we have three targets in the ranges of 0.95508/0.96638/0.97835 according to the corrective Fibo and in the intersection with important ranges of pivot points. It is necessary to touch all of them. Does not exist .
A scenario with a weak probability to break the range of 0.90957 and decrease further to the range of A and C of the previous trend can be considered to form a positive divergence and then start to climb.
