On the weekly timeframe we are back in a support zone that price has retested multiple times already. We will look for a bounce in this area back to the upside. Price action last week closed extremely bearish but I will not take sells until we break below this level.
Now before we take buys we need to at least see a break of resistance at the 1.1700 level. Until then we will be looking for sell opportunities.
Now before we take buys we need to at least see a break of resistance at the 1.1700 level. Until then we will be looking for sell opportunities.