Wednesday Analysis - 17/2

Update Last Tuesday - 16/2/16

High - 1.11922
Low -  1.11236

Open Daily potentially  - 1.12400 (monday)

Trend : Bearish

Potential move 

Week High

1. 1.12492

2. 1.11922

Week Low

1. 1.11273

2. 1.11236

Yesterday's notes
- the price move bearish was expected , but it appear to have not been able to break the same low area of 1.11200 - 1.11300 level. 

- the total pips made was only 68.6 pips compare to Monday of 121.9 pips.

- total accumulation is 190.5 pips with a potential of 109.5 pips for wednesday movement.

Wednesday

- i still look forward for a bearish move, but only if it did not break the lvel between 1.1200 - 1.1225.

- bearish move is between 1.117 to 1.107 with the weekly low remain at 1.107 area.

Notes
- if it does break 1.125, then price would move toward the next HZ level and below 1.1375.
- if the price break below 1.107, then it may move towards the BRN 1.10 for a potential bearish mode as a mean to complete the weekly bearish trend

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