Pending Call Option by EOW
Price has been flirting with resistance near FIBO 50% at 1.119 /1.120 for the last two weeks and has been unable to sustain itself above that level. Daily chart a bearish pin bar on Friday showing rejection of that level.
We might see more upside as they look to test 1.1180,/ 1.1190 / 1.1200 and 1.1225 / 1.1300 1TG.
While a break below 1.1133 would see bears use their momentum to target 1.1100, 1.1075 and 1.1050.
Internal use.!!!!!!
Price has been flirting with resistance near FIBO 50% at 1.119 /1.120 for the last two weeks and has been unable to sustain itself above that level. Daily chart a bearish pin bar on Friday showing rejection of that level.
We might see more upside as they look to test 1.1180,/ 1.1190 / 1.1200 and 1.1225 / 1.1300 1TG.
While a break below 1.1133 would see bears use their momentum to target 1.1100, 1.1075 and 1.1050.
Internal use.!!!!!!
Trade closed manually
Trade closed: target reached
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Related publications
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.