Pivot point: 1.1300
The expected scenario: entering into buying deals at the highest levels of 1.1300, targeting the levels of 1.1360, then the 1.1390.
Alternative scenario: Entering short positions below the 1.1300 levels, targeting the 1.1230 levels
Comment: The 100-50 moving averages are in a sideways direction, with the death cross nearing, where the 50 average crossed above the 100 moving average, in addition to the presence of an indicator Liquidity flows at oversold levels, indicating that there are more rises in the short term.
