Expecting a rally back down after reaching 1.05750. Price retracing back to a major support line. Expecting the market to retrace back to a major support level once it retraces downwards to a certain price level. This price level is supported on in several days. The view from behind should suggest a struggle once price retraces to the lower major level. Expecting market to reach this level tuesday or even mid wednsday as it has to retrace back over a hundred pips.
UI: -, ON support/ Off Resistance, -, -
EU:+, Off Support/ Off resistance , -, +/-
AU: +, Off Support/ On Resistance, - , -