Hi All!
This pair is currently still in a very long consolidating phase and you can see the support and resistance @ 114 and 116+ respectively. The overall view is still downward sloping and I am still expecting this pair to go down to at least near 112. In fact from overall trend alone, there is also a high possibility to even fall beyond 112 with a new wave down...
Risk taker - Short anytime now
Risk adverse - Short below 113.89
Thanks
* A chart to me should be simple and easy to read. There is no need to plot in too much lines and indicators really...
This pair is currently still in a very long consolidating phase and you can see the support and resistance @ 114 and 116+ respectively. The overall view is still downward sloping and I am still expecting this pair to go down to at least near 112. In fact from overall trend alone, there is also a high possibility to even fall beyond 112 with a new wave down...
Risk taker - Short anytime now
Risk adverse - Short below 113.89
Thanks
* A chart to me should be simple and easy to read. There is no need to plot in too much lines and indicators really...
Trade active:
So far so good, going in the 112 direction...
Trade active:
Spiked from ECB news but still maintaining bearish on this pair.
