Price on the daily chart of this pair is in a strong trend higher.
As the daily chart shows, since the end of September price has been making a strong move higher.
Looking to trade with this trend higher looks the best play.
If price can now rotate lower back into a value area and area of support, then we can start to look for long trades.
As the daily chart shows, since the end of September price has been making a strong move higher.
Looking to trade with this trend higher looks the best play.
If price can now rotate lower back into a value area and area of support, then we can start to look for long trades.