Triangle breakout is possible. If P>1.2625 1TGT=1.2800 SL = <1.2550 Where: TGT - target Sl - Stop Loss P – Price
Short term Analysis does show us a Possible bounce areas for an Upward move continuation For now (short term) if P>1.2610 1TGT = 1.2620, SL<1.25700 Where: TGT - target Sl - Stop Loss P - Price
The pair got a potential of down movement, In case if the pair will break down the 0.765 Level the new lower Targets will be on horizon. At the moment Sell limit 0.7750, SL >0.7850, (move down after new upper extremum formed), 1TP = 0.7650
2 previous weeks gave us a possible reversal signal (Spinning bottom), and the price will possibly continue a correctional move up to 0.8250 area which is 23.6% - 38.2% Fibonacci retracement area. Current opportunity is only possible if the present week will be closed above the previous week middle range and above the 0.7625 Level. For a short term Long entries,...