PRICE OPENED AT MM2 SUPPORT PIVOT, SO THE PLAN ON THIS PAIR IS TO PUSH PRICE TO THE UPSIDE ALL THE WAY TO MM4 FOR THE MONTH OF AUGUST.

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MARKET AND PRICE ARE BULLISH. OUR CONSERVATIVE TARGET AFTER STARTING THE MONTH AT MM2 IS MM4, WITH THE AGGRESSIVE TARGET AT MR2. FIB TOOL ALSO SHOWS THAT PRICE BOUNCED OFF THE 61.8 WHICH PREDICTS A 124.4 TARGET. THIS ALSO COINCIDES WITH THE MM4 PIVOT TARGET.

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