Bearish: Currently we are @ 1.6052 in a range and in a symmetrical triangle. IF we can break the support here we are looking for breakout then a continuation to the 0.500 Fibo @ 1.5814. Below watch for consolidation. The average daily true range (ATR) for the pair currently is 109 pips.
Join 19,442 awesome people who get the latest free content from Introduction to Forex Target Trading in their inbox.
You'll start receiving free content from Introduction to Forex Target Trading right away!