Hello community friends,
Here is a short analysis of some price levels possible for this week
Based on pivot values if R2 or s2 are broken the price will try to reach the 3's so this means that if that pair goes south and breaks 1.159 than we can test 1.153. On the other hand if it reaches 1.177 and than 1.181 it will probably reach also 1.188. Everything depends on Powel speeches this week and OPEC meeting because euro currently has a very correlative movement to the oil.
Here is a short analysis of some price levels possible for this week
Based on pivot values if R2 or s2 are broken the price will try to reach the 3's so this means that if that pair goes south and breaks 1.159 than we can test 1.153. On the other hand if it reaches 1.177 and than 1.181 it will probably reach also 1.188. Everything depends on Powel speeches this week and OPEC meeting because euro currently has a very correlative movement to the oil.