Wait | 11 فبراير 2021

Wave Analysis

Yesterday, nothing much happened on this pair, instead the Us dollar closed just a few pips above its opening price. On this chart, we expect further momentum to the lowerside but should not go beyond the lower trendline. If the price breaks below the immediate trendline, then we may consider a possible sell position towards 102.790. A rebound from around the blue line will give us a good place to consider a possible long term buy position with our target set at 106.010.

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