The index was clearly rejected at the 95.00 support area and went down +80 pips.
We can see a downtrend, add to that the obvious rejection candle on the daily chart and the harmonic setup.
As long as the price is below the 95.00 support area, we expect price to hit 93.5 and breaking it before going for the other targets 92.5 and 91.00.
If you have any questions i'll be more than happy to answer them, just leave a reply!
We can see a downtrend, add to that the obvious rejection candle on the daily chart and the harmonic setup.
As long as the price is below the 95.00 support area, we expect price to hit 93.5 and breaking it before going for the other targets 92.5 and 91.00.
If you have any questions i'll be more than happy to answer them, just leave a reply!