Change Point (devaluation level): 1.0395
We prefer: short positions at 1.0395 with expanded course objectives at 1.0325 & 1.03.
Alternative scenario: more than 1.0395, we expect further upward with 1.0425 & 1.0445 as targets in the future.
Technical Comment: the RSI is pushed against a major resistance at about 70% and returns are down.
Related Post
Related posts:
- USD / JPY during the day: an important resistance at 88th ST
- USD / CAD in the course of the day: the downward movement will prevail.
- AUD / USD intraday: Caution.
- USD / CAD in the course of the day: ST-important resistance at 1.0415.
- Technical Analysis:EUR / USD USD / CAD USD / JPY AUD / USD GBP / USD EUR / JPY EUR / CHF