Good morning everyone.
-By far this is the best chart/analysis we will have today.
-As we have seen earlier, the pair has been very bullish and will be so for quite a while. We have however seen price create a resistance zone around the 1.08300 area.
-My outlook for the pair is still bullish but as i mentioned here earlier
, I anticipate price to create quite a range on this zone before it decisively goes up.
EMKioko, Please tell me what to look for today?
-Well, I will wait for price to break and then retest the 1.08300 zone in order for me to place buy stops above the retest.
- If however in the event that price retraces, I would expect it to drop not lower than 1.08000 area from which I would be looking for buy catalyst as its a strong and favorable support.
-Sells below 1.80000will be favourable but as we wait for London to open, Lets see how price behaves between the zones created.
-Good luck in the markets everyone.
-By far this is the best chart/analysis we will have today.
-As we have seen earlier, the pair has been very bullish and will be so for quite a while. We have however seen price create a resistance zone around the 1.08300 area.
-My outlook for the pair is still bullish but as i mentioned here earlier
EMKioko, Please tell me what to look for today?
-Well, I will wait for price to break and then retest the 1.08300 zone in order for me to place buy stops above the retest.
- If however in the event that price retraces, I would expect it to drop not lower than 1.08000 area from which I would be looking for buy catalyst as its a strong and favorable support.
-Sells below 1.80000will be favourable but as we wait for London to open, Lets see how price behaves between the zones created.
-Good luck in the markets everyone.
Comment:
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Take note
Take note
Comment:
Perfect winner
Perfect winner
New higher low created