CHART: DAILY AND WEEKLY
INDICATOR USED IS FIB RETRACEMENT.
Since current market is sideways on both timeframes, no much information is provided. If current lows hold, then, we can likely see a rally up to the 61.8% retracement on the weekly chart at 112.25, If else, then the pair could drop significantly lower.
WEEKLY CHART:
DAILY CHART:
INDICATOR USED IS FIB RETRACEMENT.
Since current market is sideways on both timeframes, no much information is provided. If current lows hold, then, we can likely see a rally up to the 61.8% retracement on the weekly chart at 112.25, If else, then the pair could drop significantly lower.
WEEKLY CHART:
DAILY CHART: