Salam.....
Sorry for my late predictions. CS is on consolidate from the Bearish movement and as long as 1.6300 Hold CS should test 1.6100 area and more deeper decline will be seen today to 1.5900 area. If 1.6100 Hold CS may test back 1.6300 area again.
Trading Range is between 1.6000 to 1.6500 area.
1. BUY Area : 1.6221
T1 : 1.6282
T2 : 1.6336
T3 : 1.6400
2. SELL Area : 1.6181
T1 : 1.6139
T2 : 1.6069
T3 : 1.5950 - if fail CS should test 1.6300 area again.
Allah Hu.
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Salam and hi fxworld, Trading Range is between 1.6187 to 1.6750 1. BUY Area : 1.6541 a. T1: 1.6600 b. T2: 1.6661 c. T3: 1.6750 ...
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Bryan Rich writes: The biggest victim of the global housing and credit bubble may be the euro — the single currency of 16 European nations. ... -
Salam and hi.... Trading Range is between 1.6100 to 1.6662 1. BUY Area : 1.6349 (TP1: 1.6479 TP2: 1.6515 TP3: 1.6629) If fail CS may d...
1 comment:
The Pound is gathering strength moments ahead of the European session opening, extending reversal from fresh 2-weeks low at 1.6130 hit on Monday to reach session high at 1.6285 at the moment of writing.
On the upside,m, the Pound might find resistance at 1.6345, and above here, 1.6400 (Sept 15 low) and 1.6430, (Sept 16 low). On the downside, support levels lie at 1.6190, and below here, 1.6155 (trendline support off July lows) and 1.6130 (Sept 21 low).
GBP/JPY rebound from 148.05, 3-week low, was capped at 149.60, and the pair declined during U.S. and Asian sessions to 148.70 low on Tuesday. At the moment, the Pound attempts to re-gain 149.00 level. Resistances lie at 149.60 and 149.95. Support levels are 148.60 and 148.05.
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