Fibo 38,2 and EMA!
Will this Level be bought?
Don`t Forget where we are a in the daily Chart!
Former Analysis:
Once again?
comment from yesterday evening:
Same procedure as yesterday?
Superficial it seems so, but if you zoom out a bit, you can see, that we have reached an Action Point - the downtrends upper edge - here a Rebound has to be exspected -the fibos are possible TPs of a consolidation...
Don`t Forget where we are a in the daily Chart!
Former Analysis:
Once again?
comment from yesterday evening:
Same procedure as yesterday?
Superficial it seems so, but if you zoom out a bit, you can see, that we have reached an Action Point - the downtrends upper edge - here a Rebound has to be exspected -the fibos are possible TPs of a consolidation...
Note
central levels to watch now: 1.1155 & 1.1180 - prices above that Levels brighten the shortterm Chart
Note
Note
Reached action point again! 
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