How Does it Work:
A likely scenario is proposed for today, and the probability of achieving this scenario according to technical analysis may be between 60% and 75%, but if the first scenario fails, here the probability of achieving the second scenario becomes between 60% and 75%.
The preferred scenario fails when the price reaches the level of the alternative scenario condition, and immediately gets triggered and cancels the prediction in the preferred scenario.
These reports are not considered a substitute for the trader's decision, but rather an aid to the follower in making his own decisions, as a reference based on the origin of classic technical analysis.
Bullish Trend
First scenario: fall towards 1.0670 - 1.0640 area if the price holds below 1.0800
Second scenario: rise towards 1.1050 if the 4h candle closes above 1.0800
Bearish Trend
First scenario: rise towards the supply zone at 0.6500 if the price holds above 0.6370
Second scenario: break of the internal demand zone at 0.6370 will push the price towards the main demand zone at 0.6228
Bullish Trend
First scenario: rise towards 1920 if the price holds above 1905
Second scenario: if the 4h candle closes below 1900, it could target the 1888 area.
Bullish Trend
First scenario: rise towards 35200 if the price holds above 34400.
Second scenario: if the 4h candle closes below 34400, this could trigger a fall to 33600.
Bullish trend
First scenario: rise towards 92.00 if the 4h candle closes above 88.70
Second scenario: if a 4H candle closes below the support at 85.5, price might retest the daily resistance at 83.5
Notice :
The analyzes and opinions contained in this report are not binding and are not considered recommendations to sell or buy, and the company is not responsible for the decisions and choices of the investor, and the aim of this report is to publish general information through technical analysis.
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EURUSD1.2184 1.2186
GBPUSD1.4167 1.4169
USDJPY109.35 109.38
USDCAD1.2101 1.2103
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