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.
Bearish Trend
First scenario: fall towards 1.0400 if price closes below 1.0470
Second scenario: retest of the trend line at 1.0600 if daily candle closes above 1.0470
Bearish trend
First scenario: fall towards 1.2060 if price holds below 1.2220
Second scenario: retest towards 1.2330 if the daily candle closes above 1.2220
Bearish Trend
First scenario: retest towards 1900 if daily candle closes below 1910
Second scenario: rise towards 1930 if price holds above 1910
Bearish scenario
First scenario: fall towards demand zone 32900 if daily candle closes below 33500
Second scenario: rise towards 34000 if price holds above 33500
Bullish trend
First scenario: rise towards 89.20 if price holds above 87.00
Second scenario: fall towards 84.80 if daily candle closes below 87.00
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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