For today's forecast, we recommend a Buy Order at this recommended market price - 1.1135. This idea is based on the following analysis:
- The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
- In this sideways movement, retail traders prefer to hold short trades. There seem to be a major player interest in an upward movement.
- The first target is at the level of the previous peak - 1.12, and the second one, in case of an active price increase, is at the level - 1.1225