PULLBACK SCENARIO IN DAILY AFTER INSIDE BAR FORMATION AT 140 SUPPORT LEVEL
MEDIUM TERM BULLISH IN H4
140.5 ACTS AS MINOR RBS LEVEL IN H4.
TL CONFLUENCE + POTENTIAL INVERTED H&S PATTERN.
TAKE PROFIT TARGET
1. 145 (BETWEEN 50 & 61.8 FIB LEVELS DAILY)
2. 147 (MAJOR SNR LEVELS)
3. 148 (MAJOR SNR LEVELS)
STOPS AT PREVIOUS LOW 139.8 LEVEL.
MONITOR BREXIT JITTERS & RISK SENTIMENT AS THIS PAIR ARE CURRENTLY DRIVEN BY SENTIMENT MORE THAN MACRO APPROACH ATM.