We are moving a bit sideward after the rise since yesterday. As it looks this level is holding. Thus I expect a renewal of the attempt to rise. Watch also the level of 1.13. If this is exceeded we may expect a substantial rise (cup with handle!)
I am taking aposition in advance now to be there when it goes ahead. Don't forget stops!
Trade closed: stop reached:
I am closing this deal taking the opportunity of the upward correction to minimize the loss.
It is very dangerous to hope for a further rise without new signals as the setback was to expressive.