Established weekly channel formed which has recently rejected breaking the support and started to head to the top of the channel
Approaching daily resistance line, I will be waiting to see what happens.
Will look for it to break the resistance, retest and then enter a long position when i see confirmation of bullish movement with a target of around 0.965. Or will look for bearish signs around this level and sell to around 0.9375
Approaching daily resistance line, I will be waiting to see what happens.
Will look for it to break the resistance, retest and then enter a long position when i see confirmation of bullish movement with a target of around 0.965. Or will look for bearish signs around this level and sell to around 0.9375