Pivot point: 1.1350
The expected scenario: Entering long positions at the highest levels of 1.1350, targeting the levels of 1.1400.
Alternative scenario: entering short deals below the 1.1350 levels, targeting the 1.1275 levels.
Commentary: 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 moving averages 100-50, noting The occurrence of a death cross, where the average of the 50 crossed below 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
