Pair broke levels but got hit due to inflation and Covid news about it staying then being taken away. So the markets must adjust itself to this for it to be back to normal for we have been living with virus this ain't the first of them.
Anyway bear traders keep forcing pressure on the round figure 1800,
Pairs on extension now we'd want a return to m start just like gbpusd
1790 will test their commitment and if failed with rejection I'll look to see a buy confirmation candlestick
(1794 breaks we could go to a point of 1785, which we should seen two weeks ago)
Pair seems like it wants to rebound monthly to 1960 or ol levels 1900.this only happens if the 1755 doesn't break that brought stabilization
1813 near term buyers target
Medium 1865
Long term
1960_2070
Anyway bear traders keep forcing pressure on the round figure 1800,
Pairs on extension now we'd want a return to m start just like gbpusd
1790 will test their commitment and if failed with rejection I'll look to see a buy confirmation candlestick
(1794 breaks we could go to a point of 1785, which we should seen two weeks ago)
Pair seems like it wants to rebound monthly to 1960 or ol levels 1900.this only happens if the 1755 doesn't break that brought stabilization
1813 near term buyers target
Medium 1865
Long term
1960_2070
