Price action is heading for a re-test of 1.1 with further downside towards Brexit lows of 1.09 on the cards.
The 20 day moving average (pink line) has capped upside gains over the last 12 days - a price alert is advised for sell opportunities where price attempts to break it.
General sell opportunities are within the yellow box up towards 1.11 where strong selling pressure is expected. Stops above this level are advised.
The 20 day moving average (pink line) has capped upside gains over the last 12 days - a price alert is advised for sell opportunities where price attempts to break it.
General sell opportunities are within the yellow box up towards 1.11 where strong selling pressure is expected. Stops above this level are advised.
