Technically, the daily chart is still in an uptrend.
Market has now retraced down to key support zone 173.65, which is also 61.8% fib level from the recent upswing.
It is also now re-testing the bullish pin bar formed on 16 Sep 2014 right at this key zone.
Will be drilling down to H4 for confirmation to go long.
Market has now retraced down to key support zone 173.65, which is also 61.8% fib level from the recent upswing.
It is also now re-testing the bullish pin bar formed on 16 Sep 2014 right at this key zone.
Will be drilling down to H4 for confirmation to go long.