Level Technical Significance 1.3358 30-Week MA 1.3179 Daily High Sep 27 1.3131 100-Day MA 1.3118 Session High Oct 1 1.3040 ==Update Price== 1.3013 Daily Cloud Top 1.3000 Daily Low Sep 28 1.2992 55-Day MA 1.2979 50% Fibo 1.2662-1.3295 Strategy Await Signal Current Position Flat @ 1.3175 Target: Stop: Open/Close 25-Sep-18 Bear sentiment is elevated as the latest rally is rejected by the 100-DMA and a sharp slide ensues. A long upper wick forms on today's candle and the daily cloud top is under threat. While we lean bearish we will stand aside and see how price action around the 55-DMa and 50 Fib of 1.2662-1.3295 shapes up before putting on a trade.
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ chart: http//reut.rs/2IwwXzZ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (([email protected]))
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