PRO
+ back to back bullish patterns
CONS
- we are buying at turncoat resistance (unable to close above res in the last 8 sessions), so it is quite dangerous
- the ema is still capping the price nicely
- a late february swing low is not so far from the recent low.
- there is still space for another down move before finding a quite strong support
- price below sma 200
Levels: 1.3475 1.3535 - 1.3560 1.3585 - 1.3640 - 1.3670 -1.3730
+ back to back bullish patterns
CONS
- we are buying at turncoat resistance (unable to close above res in the last 8 sessions), so it is quite dangerous
- the ema is still capping the price nicely
- a late february swing low is not so far from the recent low.
- there is still space for another down move before finding a quite strong support
- price below sma 200
Levels: 1.3475 1.3535 - 1.3560 1.3585 - 1.3640 - 1.3670 -1.3730