Watch out for premature shorting in here.
There is a 1.6304 target which is a 1.618 extension - close now but do not think this the one
Add range of late 185 pips to low of day gives us 1.6358
50% retrace of move down from last high is 1.6355
1.6341 is the high of the Dec 17 supply bar
1.6365 is mid point of the Dec 8 supply bar
1.6388 is approx the downtrend channel line at present for today
and 1.410 is the high of the upthrust bar on Dec 16.
Hope got them all right - so I look for the mid 1.6350 area seems most reasonable for today. An average of the bunch is around 1.6360
There is a 1.6304 target which is a 1.618 extension - close now but do not think this the one
Add range of late 185 pips to low of day gives us 1.6358
50% retrace of move down from last high is 1.6355
1.6341 is the high of the Dec 17 supply bar
1.6365 is mid point of the Dec 8 supply bar
1.6388 is approx the downtrend channel line at present for today
and 1.410 is the high of the upthrust bar on Dec 16.
Hope got them all right - so I look for the mid 1.6350 area seems most reasonable for today. An average of the bunch is around 1.6360
we will wait...