The pair continues to grind higher breaking multiple resistance levels, the descending resistance, and the key high at 103.75. Therefore, the upside remains likely, although we might see a pullback towards 103.40. Next potential target is at 0.786 retracement for the overall bearish wave at 104.40 and 104.85.
A break back below 102.60 will probably hint the price is still in a sideways bias.
Note: A bearish Gartley completes at 104.40, but lets just wait and see if we reach there first :)
Good luck, join me @:
twitter.com/thefxchannel
thefxchannel.com
A break back below 102.60 will probably hint the price is still in a sideways bias.
Note: A bearish Gartley completes at 104.40, but lets just wait and see if we reach there first :)
Good luck, join me @:
twitter.com/thefxchannel
thefxchannel.com
