Pivot point: 1.1600
The expected scenario: Entering long positions at the highest levels of 1.1600, targeting the levels of 1.1630, then the 1.1670.
Alternative scenario: entering short deals below the 1.1600 levels, targeting the 1.1540 levels.
Commentary: The euro-dollar pair is witnessing a semi-accidental trend in the absence of liquidity flow and the lack of control of any of the selling or purchasing power over the pair's trading, in light of the presence of initial indicators For the possibility of a change in the general trend, and starting to rise and targeting the aforementioned levels, especially in light of the presence of the moving average 50 above the moving average 100.
