I have been looking to short this pair for weeks. Yesterday there was a chance to short right at the resistance zone identified (see my earlier post in the link below). I did not short it.
Somehow I'm feeling that this pair is reluctant to go down. I can also see that this pair is making higher lows and higher highs, and the failure to close above 0.9370 may just be temporary. I'm anticipating a pullback to 0.9330 zone before continuing upward to have another go at 0.9370.
Somehow I'm feeling that this pair is reluctant to go down. I can also see that this pair is making higher lows and higher highs, and the failure to close above 0.9370 may just be temporary. I'm anticipating a pullback to 0.9330 zone before continuing upward to have another go at 0.9370.
