The main plan: to sell EURUSD from the level of 1.1500 with the target of 1.1355.
The reasons:
Reserve plan: buy EURUSD if the rate can rise above 1.1480.
The reasons:
Long consolidation at the upper border of the flat, near the level of 1.1500.
Possible breakthrough range up.
Probability: 40% (average)
The reasons:
- The trend is bearish on the D1 chart.
- Flat with borders: 1,5000 - 1,1300.
Reserve plan: buy EURUSD if the rate can rise above 1.1480.
The reasons:
Long consolidation at the upper border of the flat, near the level of 1.1500.
Possible breakthrough range up.
Probability: 40% (average)