The long zone starts at the 1.0995 level. The potential targets can be the larger offer levels of Institutional Holders. These are the 1.1060, 1.1098 and the 1.1135 levels.
The short zone starts at the 1.0925 level. In this case he potential targets can be the larger bid levels of Institutional Holders. These are the 1.0895, 1.0865 and the 1.0835 levels.
Since the price is in the long zone now (1.1028), the first target is the 1.1060 level.
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The short zone starts at the 1.0925 level. In this case he potential targets can be the larger bid levels of Institutional Holders. These are the 1.0895, 1.0865 and the 1.0835 levels.
Since the price is in the long zone now (1.1028), the first target is the 1.1060 level.
If you like the analysis, and you would like to see our forecasts among the first, you give me a follow.
If you're already following, thanks for the support.
Follow Smart Money
Twitter: @FXSmartMoney