Monday, July 27, 2015

Weekly - Update

Weekly Range - opening 1.0965

Differences todate
Opening and High -141 pips (1.1106)
Opening and Low - 2 pips (1.0963)
Overall Range - 143 pips.

The typical range for weekly remains at 300 movement. Based on the monthly range it surely either achieves the targeted 1.14 by month end.

However it would seem unlikely as the weekly range is can only indicates a range between 1.09 - 1.12 or 1.08 - 1.11.

But there`s a market issues occurring this week which will affect this coming thursday. 

If i were to based on my original target, with a potential boost of 300 pips bullish - it`ll hit 1.14. And vice versa, a 300 pips bearish could hit 1.06.

Pending confirmation the next 2 days.

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