Price moved up after dropping. It moved back up past the 152 area! At 11pm here in the states , price dropped hard for almost 50 pips! Why did this happen? I believe that big money closed their buy trades!!! This gave all momentum to the sellers and price pushed down hard!!!
With this info , I think we can sell and hold now even though anything can happen! I believe 152 is the resistance area and even though priced moved above that area, it never closed above it!
With this info , I think we can sell and hold now even though anything can happen! I believe 152 is the resistance area and even though priced moved above that area, it never closed above it!