Looking at this pair we can see we are making higher highs and higher lows. The Fibonacci has had a touch of the 38.2% retracement level which is also inline with strong Monthly support. On the Daily TF we have had a breakout, retest, continuation at 138.00. I think we are now about to see a bounce of the inner trend line, a good entry would be at a break of the counter trend line. Target 1 is 143.00 which is also in line with the double top neckline range, the Fib D1 target, and Weekly Mid-Range resistance.
Comments
olayinka
⋅
beautiful analysis mate see you got the key levels spot on now. makes a difference on your analysis for extra confirmation.
LFX
⋅
Thanks mate, the new video from Shaun has helped me with the key levels a lot.
Talk_Forex96
⋅
Which new video? Are you talking about the webinar with tradingview?
olayinka
⋅
no a video sent to us because we are his students.