I am Bearish. Nice sell down we had with strong volume to boost. I am seeing the further drop possible. Every pull back is the selling opportunity at this moment. Do not think about going long yet. It can easily go to 21,700 region which is an easy 100 points.
Level to watch: Support 21760, 21700, 21640, 21509 and Resistance level 22000 News: Tuesday, Wednesday and Thursday
Trade Safe,
s0nic
Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because im not monitoring this chart all time.