At this moment pair mark: 0.9731

Forecast: Upside


Yesterday on my prediction I did it wrong when I drawn the support line and Fibonacci Retracement line from 0.96290. In fact it should be done from 0.95510 for D1 timeframe like we can see now.

The analysis of the graph makes sense now. We can observe the intersection point at 0.9730 with the ascending longitudinal support line and Fibonacci Retracement 61.8%.

We are now prepared for upside. If the price breaks this point then next target is the support line of the large channel around 0.96290
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