It will be interesting to see what price does next on this pair... We are trading in an ascending channel on the 4h tf. Currently trading at the bottom of the channel.. a bottom setup on the lower timeframes will mean a bullish move to the top or middle key level of the channel, while a break and retest to the downside of the channel will result in a massive bearish push.
My bias is bearish from the key level in the middle of the channel as the Euro is losing strength due to Brexit and JPY is gaining strength quickly.
Lets see what happens...
Feel free to like and share your views in the comments.
Safe trading!
My bias is bearish from the key level in the middle of the channel as the Euro is losing strength due to Brexit and JPY is gaining strength quickly.
Lets see what happens...
Feel free to like and share your views in the comments.
Safe trading!