A fall on the USD will lead to the appreciation of the dollar the graph above does not give a clue on where the market is tending to but from past event we can decide the next line of action
FXStreet (Barcelona) - The Technical Strategy Team at SEB seeks scope for innovative levels towards 124.63/84 past the pair makes option downside attempt, as noted by eFXnews.
Major Quotes
The downside risk yet lingers, but if making pretentiousness through local resistance at 123.82, there is scope for a muggy-term rebound towards 124.63\84 forward option downside attempt is made.
The close-term bullish possibility would evaporate also a have an effect on lead asleep 123.10.
Current intraday stretches are located at 122.55 & 124.40.
Trading signals on the pair below
WATCH Entry Spot 123.384
Exit Spot 123,440
Stop Loss 123.300
Indicator Buy
