Prices moved up 4 RENKO blocks today due to the good economic data from UK
Moving close to the high established since January
Very good up slope with wide gaps between the 2
still a distance from the oversold region
A formation forming. A break above the year high should send this pair on a
KEEP CLOSE EYE ON THIS PAIR AS IT PRESENTS A GOOD LONG OPPORTUNITY.
LOOKING AT CURRENCY HEATMAP SHOWS WEAK PERFORMANCE BY THE CAD, THEREFORE HIGH CHANCE OF THE HIGH BEING BROKEN. BUT ALL REMAINS TO BE SEEN.