Weekly Chart:
Bullish candle with rejection of high price but broke the long term down trend line since 22nd Jan 2018.
Daily Chart:
Friday closed with a bearish pin bar (rejection of high price @ 0.724)
Watch out:
1. There might be a retest the broken trend
2. Zone around 0.724 might be the 1st resistance
3. Zone around 0.733 might be 2nd resistance
Action:
Waiting for a price action pattern to confirm an entry @ 0.71-0.7159
Bullish candle with rejection of high price but broke the long term down trend line since 22nd Jan 2018.
Daily Chart:
Friday closed with a bearish pin bar (rejection of high price @ 0.724)
Watch out:
1. There might be a retest the broken trend
2. Zone around 0.724 might be the 1st resistance
3. Zone around 0.733 might be 2nd resistance
Action:
Waiting for a price action pattern to confirm an entry @ 0.71-0.7159