You will observe that what I have been posting are EUR pairs. Can you see the correlation between their price movements. The same analysis for other pairs apply to this pair too.
The The temporary support for now is still 1.2100 while the main support is at 1.2000. If 1.2500 is taken, the target is 1.3000. For 1st class trading opportunities, wait for a weekly pin around 1.3000 for opportunities to short for at least 500-1000 pips or wait for a re-test of 1.2000 to begin to look for opportunities to go long.
For day traders, the range is still 1.2500 and 1.21000 (400 pips) take them as springboard for bulish or bearish run until you see another H4 pins. 50PAA will clearly show the progression in whatever direction.
The The temporary support for now is still 1.2100 while the main support is at 1.2000. If 1.2500 is taken, the target is 1.3000. For 1st class trading opportunities, wait for a weekly pin around 1.3000 for opportunities to short for at least 500-1000 pips or wait for a re-test of 1.2000 to begin to look for opportunities to go long.
For day traders, the range is still 1.2500 and 1.21000 (400 pips) take them as springboard for bulish or bearish run until you see another H4 pins. 50PAA will clearly show the progression in whatever direction.