Well, after nice upwards movement last week we reached, as i have predicted the main area, so now we must get a little pullback.
So there are some possibilities of pullbacks:
1. Pullback down to the area @ 1.30750 an continue the trend...but i dont hink i will be so fast..
2. Pullback to the last + Support Pitch Fork, there we should get enough support and enough buyers and go up trying to break the main resistance..
3. After the support, back down to bigger support..
So i predict that the option 2 will come true.
So we short now...and see what the markets dictates to us..
Have a good trading week, thank you for reading.
Follow please! :)