#FARTCION

The price continues to rotate around the main VWAP levels (7 days, 30 days, pMonth), with the 1.2326 level acting as short-term resistance. We have now surpassed the lowest level recorded yesterday to the VWAP level for the month (1.1425), which held firm thanks to strong trading volume. This creates a clear risk-based situation.

If the price holds above 1.1885 (dWeek VAL), the path back towards 1.2326 seems open. However, the overall structure still strongly leans below the monthly VWAP level (1.2657), so any long position remains a short-term bounce until it is reclaimed.

Scenarios:

Long Position: Stability above 1.1885 with 1.2326 as the first target. Trading below 1.1425 is not acceptable.

Summary: Failure to break the 1.2326 level with rejection returning below 1.20 opens the door for a re-test of the 1.14 level.

📌 Bias: Neutral ← Potential short-term bounce

📌 Average Price (HTF LIS): 1.2657

📌 Average Price (LTF LIS): 1.1885

📌 Watch trading volume when reclaiming the VWAP range for confirmation.