Looks like bulls will take this pair up to about 0.739Xx where the next resistance level is at. Weekly PA looks very strong in favour of bull from the engulfing candle.
COT analysis puts A in favour of the bull by a large margin.
DYODD
COT analysis puts A in favour of the bull by a large margin.
DYODD
Comment:
Watch resistance at 0.72988, should it break it should rally up like the fast and furious franchise.
Comment:
Looks like resistance at 0.73278 is as strong as we had expected due to the high volumes in the last days of 2016. Price bounced right off it.
Comment:
expect some congestion at 0.740XX good place to take profit if you have had long.