Previously we had nicely predicted a rise to Major Resistance at 1.232 a beautiful Short position from there.
The price did drop more than anticipated as the price did not find support.
At this stage the price has failed to breach over the 1.1986 resistance but a third attempt is inbound and this time it will be decisive and probably fast.
We are awaiting for this 3rd test and if breaached we will be able to Buy the asset, whereas if it fails again this time it will clearly gain a further Bearish momentum.
Best Regards,
the FXPROFESSOR
The price did drop more than anticipated as the price did not find support.
At this stage the price has failed to breach over the 1.1986 resistance but a third attempt is inbound and this time it will be decisive and probably fast.
We are awaiting for this 3rd test and if breaached we will be able to Buy the asset, whereas if it fails again this time it will clearly gain a further Bearish momentum.
Best Regards,
the FXPROFESSOR
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