The bulls expectedly answered and while trading above 1.1572 I will watch purchases of the euro in order to update 1.1611, sales there provided a false breakdown, or sales to rebound from 1.1648.
If we go below 1.1572, I’m looking at selling Euros with targets at 1.1539 and 1.1506. The test at 1.1506 will rebound upward, but will most likely lead to a further fall in the euro.
Pound will decide the service industry today. If we break through at 1.3011 and the data is good, I buy with the target of 1.3046 and 1.3077, where I will look for sales.
If the descent, then the purchase of 1.2973, subject to good data. If the data is bad, then I look at sales on a false breakdown from 1.3011 and breakdown at 1.2973 with the target at 1.2942 and 1.2897, where I buy a pound for a rebound.
Purchases are only above 0.7193 with a view to 0.7228 or purchases for a rebound from 0.7144.
Purchases on the rebound from 1201 and 1197.50, or after fixing on 1205.40 with the goal of 1210.50, where I sell for a rebound.
Shopping after 1.2835 with the goal of 1.2879, where I sell.
Sales after a decline under 1.2808 with a target of 1.2766, where I buy for a rebound.