Price retested level 1.37 last week but bounced off around that level on Friday. Our stand on 1.40 and 1.42 from last week analysis still holds. We will be paying more attention to our daily chart stochastic cross as price is already pushing the daily chart upper bollinger band. It will likely bounce off around 1.40 to test the daily middle band before heading for 1.42. If daily stochastic crosses downward before 1.42 then we check the position of weekly to determine the validity of the cross. Happy Trading ✨✨
