Pivot Point: 1.1236
The expected scenario: entering into buying deals at the highest levels of 1.1236, targeting the levels of 1.1300, then the 1.1380.
Alternative scenario: entering into short deals at the lowest levels of 1.1236, targeting the 1.1200 levels.
Comment: The 50-100 moving averages are in a sideways direction, with a death crossover, where the 50 average crosses the lower 100 average, in addition to the liquidity flow indicator at oversold levels, confirming the presence of More hikes in the short term.
