Price is over-extended and based on price action, does look like due for a pullback. If we do hit 1.1910, look for possible rejection for a short - pullback
Upside is probably limited to 1.1910, 1.1946 and 1.196. Below 1.1852, look for shorts towards 1.1814-20, 1.1802, 1.1768-86 and 1.1756. 1.17220 will cap lows of day.
Lots of support below also so need to be nimble with shorts.
Upside is probably limited to 1.1910, 1.1946 and 1.196. Below 1.1852, look for shorts towards 1.1814-20, 1.1802, 1.1768-86 and 1.1756. 1.17220 will cap lows of day.
Lots of support below also so need to be nimble with shorts.
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Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.