I'm bullish on this pair as we have just made a higher low,
bouncing off weekly support 1.376, also the 0.618 fib level after breaking through but not
being able to close below, then performing the 3rd bounce of trendline,
MA crossover has also occured of the 4hr timeframe.
I would still like to see a counter trendline break and price to get above 1.4
before looking for trades.
bouncing off weekly support 1.376, also the 0.618 fib level after breaking through but not
being able to close below, then performing the 3rd bounce of trendline,
MA crossover has also occured of the 4hr timeframe.
I would still like to see a counter trendline break and price to get above 1.4
before looking for trades.