Price looks to be setting up for a retest on the daily time frame.
There is some support at this level.
Price already rejected the 61.8 level. Now it is a matter of spotting an entry point with confluence.
There is some support at this level.
Price already rejected the 61.8 level. Now it is a matter of spotting an entry point with confluence.
Comment:
By looking at the new bars you can see the pair has started to make a bullish run.
Comment:
Price made a sudden bearish turn. Looks to be resting previous support.
Utilise a trend line break out for this....
Utilise a trend line break out for this....
Comment:
Price has made a nice bullish movement