It looks as if we might get a breakout of the trendline soon! This level we need to exercise caution, it has not been broken yet. Still momentum and acceleration are pointing to a move downward from here. The breakout can be observed from a lower time frame and should too :)
Happy Trading, dont forget stops and be happy while you trade :) Its an adventure!
- ST
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We have a breakout of the line drawn, now lets wait what the pair will do on these levels! Eyes sharp! :)
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WE have a good and clear breakout :)
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We have a good possibility to run down as far as 121.000 with this pair