I think that this pair found a dramatic low the other day and is heading for the hills. It may pull back slightly on the 4H chart but as you can see I don't think by much. I pick up a few pips on this pair Sunday night into Monday and I'm going to wait till the market opens again after the New Year begins to jump back into this trade. Happy 2020 to all. Hope for everyone to have a very prosperous New Year.
I took some profit from this pair and closed my position.
Looking for a daily close above 1.04402. This will not happen until next week. This may cause the pair to consolidate at that level before the next leg higher. Still bullish on the pair. If and when this pair breaks above 1.04723 it looks like nothing but sky. At least this is all my opinion.
Anybody feel any differently about this analysis please feel free to comment.
Looking for a daily close above 1.04402. This will not happen until next week. This may cause the pair to consolidate at that level before the next leg higher. Still bullish on the pair. If and when this pair breaks above 1.04723 it looks like nothing but sky. At least this is all my opinion.
Anybody feel any differently about this analysis please feel free to comment.