Pivot Point : 1.3480
The expected scenario: entering into buying deals at the highest levels of 1.3480, targeting the levels of 1.3500.
Alternative scenario: entering into short deals at the lowest levels of 1.3480, targeting the 1.3340 levels.
Comment: The price is expected to witness the first correction wave before resuming the upward journey again, especially in light of the price being above the 100-50 moving averages, noting the occurrence of a death cross, where the 50-minimum average crossed The average of the 100, taking into account the presence of the liquidity flow indicator in overbought areas, which suggests the correction wave at the opening.
