Evening Traders,
As we can see I've scribbled a couple scenarios on the chart, it will be interesting to see how price action responds in the coming session we can see signs of exhaustion confirmed by the rejection candles from the 2 previous hourly candle close.
I will be watching price action as we progress but I can see the level: 1.1490 as an area of interest that we are coming into.
Price action over all is showing signs of a rounding bottom, I will be very interested to see how price reacts to this area and of course waiting for some potential buying opportunities,
but of course as always we will wait for price action to confirm this.
Let me know your thoughts if you think or see differently, thank you.
As we can see I've scribbled a couple scenarios on the chart, it will be interesting to see how price action responds in the coming session we can see signs of exhaustion confirmed by the rejection candles from the 2 previous hourly candle close.
I will be watching price action as we progress but I can see the level: 1.1490 as an area of interest that we are coming into.
Price action over all is showing signs of a rounding bottom, I will be very interested to see how price reacts to this area and of course waiting for some potential buying opportunities,
but of course as always we will wait for price action to confirm this.
Let me know your thoughts if you think or see differently, thank you.