Back under the 1.0100 now resistance level, pair approaches to the base of the weekly range, also the year low around 1.0030. Any quick run to that level, will offer a buying opportunity, as a break under will approach the pair to parity, giving then another bounce up. Only under 0.9980 pair could trigger a major fall targeting 0.9930 area.
From current level, pair has a first resistance around 1.0100, with next one at the 1.0130 area, 20 SMA flat, in the 4 hours charts. Above that level, and better if we saw some speed, pair should approach to the roof of the range, around 1.0200.
From current level, pair has a first resistance around 1.0100, with next one at the 1.0130 area, 20 SMA flat, in the 4 hours charts. Above that level, and better if we saw some speed, pair should approach to the roof of the range, around 1.0200.
