At the end of February, the pair bounced almost perfectly on the 0.5 fib retracement level of the 2012-2014 huge bull run.
II'll be using shorter timeframe to enter and exit at proper level. The thing is to keep in mind that this pair might be a good candidate to ride the JPY correcting.
Comments
jbourgault
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Unfortunately, the CAN employment numbers were quite good. However, the pair bounced on what seems like the bottom of a newly formed channel on 4H.
That could provide a long lasting support level for a bull run that could last for a week or two...
jbourgault
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Last breakout failed. However, another long signal was trigger a couple of hours ago.
That could provide a long lasting support level for a bull run that could last for a week or two...