huge drop on way SELL EU 1.1770 SL 1.1810 TP 1.1368
fundamental:
CFTC NON COMMERCIAL NET POSITON 02 OCT 188.1K VS
25 SEP 190.8K THATS Mean buyers offset long position or sellers add more shorts .
technical :
price under construction of inverted CUP AND HANDEL and at moment hit red resistance along with fib 0.618 we expect price will bake out nominate neck line to hit fib 1.618 as TP and support area .
RSI hit up side descending Channel
good luck .
CFTC NON COMMERCIAL NET POSITON 02 OCT 188.1K VS
25 SEP 190.8K THATS Mean buyers offset long position or sellers add more shorts .
technical :
price under construction of inverted CUP AND HANDEL and at moment hit red resistance along with fib 0.618 we expect price will bake out nominate neck line to hit fib 1.618 as TP and support area .
RSI hit up side descending Channel
good luck .
