Hi Sive!
Do you think that the fact that the cable has bounced down from the yearly central pivot at 1.59281 and currently crossed through monthly and yearly mid lines at 1.5737 means that the price is heading to the yearly S1 and Monthly S1 at 1.5547 too? Do you use this kind of analysis?
If the price take the last low on the daily chart would this be a confirmation?
Thanks and have a good weekend.
Pedro
Do you think that the fact that the cable has bounced down from the yearly central pivot at 1.59281 and currently crossed through monthly and yearly mid lines at 1.5737 means that the price is heading to the yearly S1 and Monthly S1 at 1.5547 too? Do you use this kind of analysis?
If the price take the last low on the daily chart would this be a confirmation?
Thanks and have a good weekend.
Pedro
