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Further bullish pressure

Daily Vision

The pair attempted to push lower yesterday bottomed at support line but closed higher in another high volatile market.
We have been seeing a strong bearish market for the last two weeks where the pair slump more than 1500 pips without significant correction and the next potential target is seen around (weekly EMA 200) at 0.7887.
The bias is bearish in nearest term. And an immediate resistance is seen around the daily close. While a clear break above that area could lead price t…
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Long term bias is still bullish

Daily Vision

The pair was indecisive last week formed a Doji on weekly chart. The bias is neutral in nearest term but as long as stays above support area.
I still prefer a bullish intraday scenario at this phase targeting 0.7914.
Immediate resistance is seen around daily close. A clear break and daily close above that area could trigger further bullish pressure testing some resistance areas. While an immediate support is seen around weekly close.
A clear break below that area could trigger…
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4H - A touch of the 0.79472 level soon


Weekly TF :

Serious selling pressure from the weekly decision-point area at 0.80328-0.79780 has quite possibly opened the door for a challenge of the weekly demand area below at 0.76931-0.78623.

Daily TF :

Fresh buyers are being seen on the daily time-frame around the 0.78905 level, which in all honesty was unexpected, since we believed price would challenge the daily demand area below at 0.78117-0.78533. On this time-frame we see very little stopping price trading all the way back up to d
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