Ok, so, if you study this pair over the last 3 months, post Brexit, it has been a study in Trend reversal and I have enjoyed being part of it ..
Price broke through recently on Trend line resistance(Maroon) from Sept 1. Its been in reversal since Sept 6, but we await price to touch on the channel floor. Which has been a driver for price recent bullish run.
I expect the Trend line to hold ...and price will challenge the long standing hidden trend-line resistance marked in pink ... To hit the marked IMPACT ZONE of Double resistance ...
Price broke through recently on Trend line resistance(Maroon) from Sept 1. Its been in reversal since Sept 6, but we await price to touch on the channel floor. Which has been a driver for price recent bullish run.
I expect the Trend line to hold ...and price will challenge the long standing hidden trend-line resistance marked in pink ... To hit the marked IMPACT ZONE of Double resistance ...