In the previous analysis (Saturday/ 2nd Jan), I expect the market to have deeper pullbacks, which was exactly what the market performed. We can see that market had an impulsive bullish candle (big green candle) approach 0.7740 daily high, followed by complete digestion of the bullish move. Will remain neutral bias at the moment, we need to see price breaking above 0.7740 resistance for bullish continuation setup, if price is showing bearish sign violating 0.7690 minor support zone, we could have a potential short opportunity with 0.7640 as target. However, do not forget that the overall trend remains bullish.
Trade safe.
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Trade safe.
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Previous analysis
