SELL Area - 1.4017 ( my target is at 1.3811 and if this happen the candle may go further to 1.3500 level).
BUY Area - 1.4039 ( my target is at 1.4180 and if this point meet, the candle will move furthur up to 1.4261)
As expected before, the candle already break the support point at 1.4350 (6 years low) and already broke it easily. My target at 1.4200 broken and as expected already go deeper decline to 1.4000 area. Please read my predictions on 20th January 2009 and from that price the candle when deeper to the new 6 years low at 1.3811.
What Next:
Initial resistance is at 1.4060 and 1.4180. As long as this price hold (not broken)more furthur decline is still possible. The candle may try to break the low price for the second time and drop deeper to 1.3500 level or further. InsyaAllah.
Initial support is at 1.4350 and 1.3811.
Trading range is between 1.3800 area to 1.5372 (2009 high)
MAJOR TREND IS STILL BEARISH
H4 TREND IS STILL BEARISH
H1 TREND IS STILL BEARISH UNTIL 01.00 PM (MALAYSIA)
M30 IS RANGING AT 1.00 PM (MALAYSIA)- BUT IN BEARISH MOOD
Happy Trading.
Allah Hu....
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