Pair is mixed to bearish as it failed tow times to break the 150.00 barrier today, third attempt is in progress while writing, let us watch and see if pair will fail for third time
Comment:
It failed for fourth time while writing
Comment:
price was sent badly to 149.60
Comment:
we are well below the daily pivot of 149.74
Comment:
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Week of March 19 - 23
This pair is negative as long as it is below 150.00
Now the pair is confined between 147.00 & 149.50
Any clear break in either direction we will see acceleration:
Clear Break of 147.00 will take price to 145.00
Clear Break of 150.00 Will take price to 153.00 & 156.00
Working on this pair needs high level of caution and very deep assessment each time the pair hits one of the above areas.
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Week of March 19 - 23
This pair is negative as long as it is below 150.00
Now the pair is confined between 147.00 & 149.50
Any clear break in either direction we will see acceleration:
Clear Break of 147.00 will take price to 145.00
Clear Break of 150.00 Will take price to 153.00 & 156.00
Working on this pair needs high level of caution and very deep assessment each time the pair hits one of the above areas.
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