Forecast Scenarios: A.1- If the Price Bounced from the current level and showed Bullish Action by breaking the level of 0.974 (- Minor Resistance Level -) with a minor Retest.
B.1- If the Price broke below the level of 0.970 (- Resistance Level-) with a Confident retest. B.2- If the Price broke above the level of 0.973 (- Resistance Level-) with a Confident retest.
-- The Price is supposed to hit the Target Level 1 within the range of 0.978 -- (-- High Risk --) -- The Price is supposed to hit the Target Level 2 within the range of 0.982-- (-- Normal Risk --)
This trade is a little bit risky, since the price is bouncing in a HISTORIC RESISTANCE ZONE.
Trade Wisely
Note: - These Forecasts are Observational Forecasts, and should not be used in applying any trading strategies. - No Hedge Funds Analysis were included in the analysis. (-- Please Consider --)