Main Scenario: Below 1.1160 and 1.1200 levels, our expectation is NEGATIVE!
Target Expectation: 1,1090 – 1,1060 – 1,1026
Considerations Supporting The Scenario: In the Ichimoku Kinko Hyo indicator, sagging under the cloud and changing the corresponding cloud color from Orange to purple, in addition to the downward pricing behavior back into the negative trend, support the negative expectation of parity.
Alternative Scenario: Alternative expectations with a 4-hour close above 1.1200 – 1.1160 level POSITIVE!
Alternative Target Expectation: 1,1238 – 1,1285 – 1,1320
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