I'm not trading it, but as we all should know, it supports/commands the movements of majors forex pairs, so, it should be, in my point of view, the first indicator to use and to "fiscalize" ;)
Crucial zone of 96.30's to break, or a retracement to 0.618 fibo are the next steps to follow.
In my opinion, it will not be easy to break that level at 96.30, and we will see a retracement to near 97's (between .05 and 0.618 fibo retracement)
Crucial zone of 96.30's to break, or a retracement to 0.618 fibo are the next steps to follow.
In my opinion, it will not be easy to break that level at 96.30, and we will see a retracement to near 97's (between .05 and 0.618 fibo retracement)
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.