As we expected during Thursday's analyzes, the pair has moved upwards to target the 50% Fibo, from which we expect the decline to start from 50% and may extend to the 61.8% Fibo areas as an extension of the correction.
No important news during this day's trading.
The sale of the pair of Vibo 50% is conditional on the price of action on the hour.
Direct selling from 1.1160 with the aim of 1.1040 - 1.960 endowment 1.1245.
The pair exceeded the resistance of 1.2095 during yesterday's trading until we wrote this report, reaching its highest high at 1.2304 as the current region constitutes several important areas 50% Fibo from the sharp downward trend - the last - the price reaches at the 100-day moving average four-hour time frame - 20-day moving time frame Daily - daily display area - in addition to a falling trend line on the monthly, weekly and daily Frimat, all of this supports the decline from these levels, God
