Despite the bullish inverse head and shoulder breakout on Tuesday, the subsequent failure at 1.0825 on Wednesday and the fall back to 1.0768 points to consolidation ahead.
The spot now needs to break 1.0719-1.0825 range.
Given the bullish RSI and DMI indicator, the odds of a bullish break above 1.0825 are high.
The spot now needs to break 1.0719-1.0825 range.
Given the bullish RSI and DMI indicator, the odds of a bullish break above 1.0825 are high.
