The nearest growth target remains the WCZ 1/2 1.2483-1.2462. A test of the specified zone will determine the next priority. If the "false breakout" pattern of yesterday's high is formed when touching the zone, then sales will come to the fore, and the main goal will be the minimum of the previous week.
All conditions are created for the continuation of the downward movement. It only remains to get favorable selling prices that will allow you to have a favorable risk-to-profit ratio.
To continue the growth, it is necessary to fix the price above the WCZ 1/2. In this case, the pair will form a reversal model, and the main growth target will be the level of 1.2718, which is the lower limit of the monthly CZ in March. It is important to understand that the probability of continuing the trend is always higher, so the model considered is auxiliary.
Daily CZ - daily control zone. A zone formed by important data from the futures market that changes several times a year.
Weekly CZ - weekly control zone. The zone formed by important marks of the futures market, which change several times a year.
Monthly CZ - monthly control zone. A zone that reflects the average volatility over the past year.
