The pair traded within the last few hours within a bearish correction
that returned it to the initial
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Technically, we have a positive direction on the RSI and the advanced
MACD index pushing the pair towards trading above the 15 averages to
re-target the initial resistance at 1.13214 then 1.1343 while the
most important resistance remains 1.13766 which represents a pivotal
point as we will confirm that we will target areas of 1.14 next week
Trading Recommendation
Number of votes per thousand dollars: 1 microLot per thousand dollars
Buy the pair from 1.13100
Stop loss
Take the first profit 1.13325
Take Second Profit
Third profit taking
Expected profit taking 48 hours
In case of more than one trading lottie, transactions are closed
according to the order of profit taking levels mentioned in the
trading recommendation
Red lines on the chart represent areas of resistance while blue lines
represent support areas
All published analyzes must match the entry points with the RSI and
the MACD developed as well as the support and resistance shown
Time Frame has been approved for half an hour to provide day-to-day
analysis that does not require long-term market survival, but now and
then we may publish long-term analysis based on more timeframes if we
find a suitable trading opportunity
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