Our pivotal level is at 1.6296. If market starts trading lower our first target is at 1.6207 and below that the strong one at 1.6172.
For upside we have 1.6342 and above it at 1.6362. Basically from 1.6342 to 1.6390 we have an area that can act as a resistance but market will try to print 1.6390 levels.
As long as we don’t trade below 1.6172 levels and stay below it. We have a high probability market seek for our long term target.
If you have any questions please feel free to ask.
Please trade on your own risk.
For upside we have 1.6342 and above it at 1.6362. Basically from 1.6342 to 1.6390 we have an area that can act as a resistance but market will try to print 1.6390 levels.
As long as we don’t trade below 1.6172 levels and stay below it. We have a high probability market seek for our long term target.
If you have any questions please feel free to ask.
Please trade on your own risk.
