Intraday technical levels:
- The price is probably going to form a strong support at 0.9445 (0.9441: 61.8% of Fibonacci retracement levels in the M15 to H1 chart).
- The saturation is likely to take place around 0.9445.
- Therefore, it is possible that the market will start showing the signs of a bullish behaviour.
- The daily pivot point is set at the level of 0.9444.
- In other words, buy deals are recommended above 0.9445 with the first target seen at 0.9500 level and further at 0.9550 level.
If you have any questions or requests, please feel free to contact me: mourad.elkeddani@analytics.instaforex.com.
