Yesterday's selloff to 1.1738 suggests corrective
upmove from 1.1640 has possibly ended at 1.1903
and 'choppy' consolidation with downside bias
remains for further weakness, however, a breach
of 1.1681 is neede to confirm recent decline has
resumed and yield re-test of said low.
On the upside, only abv 1.1862 would risk
possible re-test of 1.1903 resistance.
Fx-charts.com Disclaimer: The information contained on this website is subject to change without notice, views and opinions expressed on fx-charts.com may be those of individual authors and may not necessarily be the views of fx-charts.com or its officers and employees, we make no claim to the accuracy or timeliness of any information contained herein. We recommend obtaining advice from a suitably qualified financial advisor before entering into any financial transactions or agreements. The use of this website constitutes acceptance of our privacy policy, disclaimer and terms of use. This website is available for information and educational purposes only.
Need a forex broker? click on any of the buttons for more info!
