In the past few weeks the pair moved in a corrective pattern and soon it is heading to the 127.400 where it will meed a strong down trendline started in 2008 (check the monthly timeframe).
Should be this the last move up to 127.400? :)
What do you think? Do you expect a down move on this one and a big fall to the 124.000 zone?
Should be this the last move up to 127.400? :)
What do you think? Do you expect a down move on this one and a big fall to the 124.000 zone?
Trade active:
I've decided a long to 127.400 as TP :)
Trade closed manually:
Took a profit at 127.070