DislikedD.. CHART we can see a BIG level of resistance at 1.146x... if broken can be a support for 1.18xx target ... ( On the other hand 1.033x was appointed as a target for someone ) {image}Ignored
Disliked1.032x target ... is the mirror of (1.1712 - 1.1016 )= 696 pips then 1.1016 - 696 = 1.032xIgnored
Indeed,
in my observation that thick resistance area begin from 1.1330 till 1.1550 and if price can go through 1.1550/1.1600 once again probably we might see 1.18xx
However because there is more resistance to the upside than to the downside then "the path of least resistance" should be to the downside... 1.032x seem reasonable target.