Initially a move short targeting 1.123 the low of the channel, then I'll be looking for a break long for Pattern completion (Price always returns back to the point of origin- MY RULE :) at 1.163
*Failing a move short the pair still has the potential to break resistance from it's current position in reflection to the USDOLLAR weakness. A wise move would be to wait for the pair to play it's hand first as to eradicate any guess work.
*Failing a move short the pair still has the potential to break resistance from it's current position in reflection to the USDOLLAR weakness. A wise move would be to wait for the pair to play it's hand first as to eradicate any guess work.