Although we have another hour till NY close price has formed a small shooting star/pin bar on the daily charts. This coincides with the previous swing high on 18/03 and just below the .618 fib.
We may see some support on the 20EMA and the previous S/R at 1.08500, however, I will be looking to enter short with a target of 1.01000
We may see some support on the 20EMA and the previous S/R at 1.08500, however, I will be looking to enter short with a target of 1.01000
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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.