I dare say that after the price hits the target, there is a high probability that the price will return to 1.18600.
Good Morning!
Breaking price 1.18200. Your target is 1.17600.
Breaking price 1.18200. Your target is 1.17600.
If the price misses the 1.18200 region, it could drop to 1.17600, losing 600 points.
The price is within the region of the last payroll.
Tomorrow, it's payroll day!
The pattern A - B - C - D has changed. Now the price enters a channel on the weekly chart.
The price approached the liquidity zone. If the price wants to go up, it will have difficulty in this region.
Whoever entered this context can take a profit of almost 4:1.
As reported on the 25th. The price has broken through the 1.17700 region and has gone into the Payroll region at 1.18300.
If the price shows strength above the 1.17700 region, it may seek the 1.18300 region. If it exceeds the 1.17600 region, it will continue its downward trend.