-Bullish rally extended on Inverted breakout.
-Price hit 0.9280 , showing pin bars at resistance
- pullback was shallow towards 0.9200
-The price broke above 0.9280 confirmed 0.9337 and 09445 upside targets.
- Price was rejected at 0.9445 resistance, hit my downside target at 0.9300 and below.
- Note that the Full target of the IHS pattern is near the at 0.95
So what now?
Another dip towards 0.9200-0.9250 area could be a good opportunity to look for a rebound, as price tests a major cluster of outlined below. Bottom line, i would look to long anywhere among 0.9200-0.9250 with targets at 0.9350 and 0.9450 levels. A break back below 0.9150 may look negative again
Note: Look for over the four-hour intervals for confirmation
Good Luck, Join me @