Regardless whether up or down, we expect to see some form of resistance at these levels. It will be messy, lots of people will be trapped so control your risk.
BULL CASE
We've a slight bias to the upside, considering the pair is a risk on pair and we should see risk on gain in December. Our targets for this is 1.155 before a long term correction happens.
BEAR CASE
If it chooses to breakdown after consolidation, our next target is 1.100
BULL CASE
We've a slight bias to the upside, considering the pair is a risk on pair and we should see risk on gain in December. Our targets for this is 1.155 before a long term correction happens.
BEAR CASE
If it chooses to breakdown after consolidation, our next target is 1.100
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.
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.