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Update: First target was hit. The pair has been trading below a strong level of resistance that could be found at 1.1680. Therefore, we are bearish as long as the pair is trading below it with targets: 1.1550 – 1.1490.
Resistance levels: | Support levels: | Recommended: |
▪ 1.1760 ▪ 1.1750 ▪ 1.1680 |
▪ 1.1550 ▪ 1.1500 ▪ 1.1490 |
We are bearish as long as the pair is trading below 1.1680. |
Update: First target was hit. As could be seen on the chart above that the pair is trading below a strong resistance level that is the upside of the bearish channel. Therefore, we are bearish as long as the pair is trading below it with targets: 1.3600 followed by 1.3550. On the other hand, if the upside of the bearish channel is broken, the pair could be heading towards 1.4000 followed by 1.4100.
Resistance levels: | Support levels: | Recommended: |
▪ 1.4150 ▪ 1.4100 ▪ 1.4000 |
▪ 1.3600 ▪ 1.3550 ▪ 1.3500 |
We are bearish as long as the pair is trading below the upside of the bearish channel. |
Update: The pair started going through the resistance level. as the pair is trading below it with targets: 1743 followed by 1725. On the other hand, if the level of 1815 is broken, the pair might continue going upwards to reach 1820 followed by 1834.
Resistance levels: | Support levels: | Recommended: |
▪ 1834 ▪ 1820 ▪ 1815 |
▪ 1750 ▪ 1722 ▪ 1700 |
We are bearish as long as the pair is trading below 1815. |
A Update: First target was hit. s could be seen on the chart above that the pair is trading below 0.7460. Therefore, we are bearish as long as the pair is trading below it with targets: 0.7400 followed by 0.7360. On the other hand, if the level of 0.7460 is broken, the pair might continue going upwards to reach 0.7500 followed by 0.7550.
Resistance levels: | Support levels: | Recommended: |
▪ 0.7550 |
▪ 0.7400 |
We are bearish as long as the pair is trading below 0.7460. |
Update: No changes. As could be seen on the chart above that the pair is trading above a strong support level that is 153.36 Therefore, we are bullish as long as the pair is trading above it with targets: 158 followed by 158.50.
Resistance levels: | Support levels: | Recommended: |
▪ 160.00 ▪ 158.50 ▪ 158.00 |
▪ 153.36 |
We are bullish as long as the pair is trading above 156. |