We are currently around a nice resistance zone with multiple confluences suggesting that we have more downside in sight. I believe that this is the perfect level for a reversal and a big sell off all the way to 121.20.
Before this happens I believe there could be a little bit more upside possible with a further wick rejection.
Overall this is roughly a 350 Pip move with multiple take profits so good luck :)
Before this happens I believe there could be a little bit more upside possible with a further wick rejection.
Overall this is roughly a 350 Pip move with multiple take profits so good luck :)