UJ Short. It will retest 114 SL - 114.850 TP - 111.600 Entry - 113.95
1) Weekly Closed below 0.70 (Round Number Key Level) 2) Price sitting at 0.69569 3) Market will test the around number key level at 0.70 4) I am short at 0.70 5) SL at 0.713 (130 Pips) a fake break usually between 50 to 100 Pips 6) TP at 0.67 (300 Pips) Worse case - If market tries to go up - Break below 0.70 is a fake breakout
Tp 1.288 If breaks TL - , downside target 1.2500
Decreasing Low 'VOLUME' on Bears means bulls are in control. Target - 1.08580
We had the highest volume last week for the year. Currently Market trying to pullback on the LOW volume, indicates lack of buying. Target 0.995