Scenario for today
One move lower to 1.5887 or 1.5822 is anticipated while below 1.5961 - 1.5993 area. Stop loss above 1.6034 zone.
Scenario for this week
Corrective dip to 1.5489 is favored while below 1.5800 . Stop Loss above 1.5917 limit.
Scenario for this month
If market stays below 1.5703 a fall to 1.5279 is expected. If market breaks the point 1.5979 it could reach the sky.
One move lower to 1.5887 or 1.5822 is anticipated while below 1.5961 - 1.5993 area. Stop loss above 1.6034 zone.
Scenario for this week
Corrective dip to 1.5489 is favored while below 1.5800 . Stop Loss above 1.5917 limit.
Scenario for this month
If market stays below 1.5703 a fall to 1.5279 is expected. If market breaks the point 1.5979 it could reach the sky.