Descent from previous low to high touched the 1.618 handle and has stopped here - a resistance level seems to have formed just above these levels (1.05840)
Counter trend tested the 1.06466 level which seems to be resistence now - trend lower expected...
Expecting retest of 1.618 handle - Take profit lower than this but to be reviewed as we approach this level.
Counter trend tested the 1.06466 level which seems to be resistence now - trend lower expected...
Expecting retest of 1.618 handle - Take profit lower than this but to be reviewed as we approach this level.
Comment:
Take Profit Hit