We have reached short-term objective and in fact near the channel resistance we touched as well.
There is a case building for break of 1.0250 current channel resistance. we are positive RSI and MACD and breaking minor resistance line within the channel. I feel we may see 1.0475 on break of 1.0250.
For now be neutral until we confidently can establish above 1.0150 and hold.
There is a case building for break of 1.0250 current channel resistance. we are positive RSI and MACD and breaking minor resistance line within the channel. I feel we may see 1.0475 on break of 1.0250.
For now be neutral until we confidently can establish above 1.0150 and hold.