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 1.0520 if the 4h candle closes below 1.0620
Second scenario: rise towards 1.0852 if the price holds above 1.0620
Bearish Trend
First scenario: rise towards the supply zone at 0.6575 if the daily candle closes above 0.6490
Second scenario: retest of the demand zone on 0.6364 if the price holds below 0.6490
Bullish Trend
First scenario: rise towards 1930 if the 4h candle closes above 1920
Second scenario: retest towards the daily support on 1913 if the price holds below 1920
Bullish trend
First scenario: rise towards 35300 if the 4h candle closes above 35000
Second scenario: if the price holds below 35000. It might retest 34650
Bullish trend
First scenario: rise towards 92 if the price holds above 89
Second scenario: if a 4h candle closes below 89, it could trigger a fall towards 86
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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