The pair broke below an area of support but quickly recovered. Now it has broken a Daily trendline and recovered above the support area. Ideally we want to see a correction to the area marked with a circle near the support and where the 4H MA50 will confluence to go long forming a somehow cup and handle pattern.
It could rally all the way up to the 110 area.
Trade safe!
It could rally all the way up to the 110 area.
Trade safe!
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Big bearish move breaking the ascending trendline and closing below the 108.25 support. I'm out
So far going according to plan