Possible Buy with Great Gains!!!!!
Hello Everyone,
I am looking into this pair this coming week. I am looking for a buy off of from 75.45-75.55 to 77.50 (Daily Resistance). I am anticipating a retest to level of 75.50 and depending on price action we will jump in. If it goes lower to the 75.20's, then again I will look for price action and take the buy. Now, if the pair breaks out upward during the week with no re-test, again I will look for price action and take the buy after break out. I really don't see this pair going lower off the monthly support.
Good luck to everyone and have a great weekend. Risk Management :-)
I am looking into this pair this coming week. I am looking for a buy off of from 75.45-75.55 to 77.50 (Daily Resistance). I am anticipating a retest to level of 75.50 and depending on price action we will jump in. If it goes lower to the 75.20's, then again I will look for price action and take the buy. Now, if the pair breaks out upward during the week with no re-test, again I will look for price action and take the buy after break out. I really don't see this pair going lower off the monthly support.
Good luck to everyone and have a great weekend. Risk Management :-)