Trading Range is between 1.6200 to 1.6750 area.
1. BUY Area : 1.6497
a. T1 : 1.6556
b. T2 : 1.6627
c. T3 : 1.6755 - if fail CS may drop back to 1.6400 area.
2. SELL Area : 1.6457
a. T1 : 1.6398
b. T2 : 1.6326
c. T3 : 1.6248
As aspected yesterday buy area met at 1.6365 and met Target 3 at 1.6520 and stop at 1.6556. Looks like there is a possibility to test again 1.6600 to 1.6700 area today. Let see this happen or CS may drop back to test support at 1.6400 area. If this happen CS may drop deeper to test support at 1.6200 area. Please be alert on all reverse signal and please set your target and stop trade if you get it asap. Until then let see what will happen today.
Allah Hu.
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