According to my long term wave count my bias is very bullish on this pair.
This is a good setup to enter long, price is making a pullback to the 0.38 fib and ema 200.
From the EW perspective price could finished the correction for wave 4.
Regards.
*****************DISCLAMER********************************************************************
Always do your own analysis before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).
Follow me on Twitter for updates: @fxtrader2000
This is a good setup to enter long, price is making a pullback to the 0.38 fib and ema 200.
From the EW perspective price could finished the correction for wave 4.
Regards.
*****************DISCLAMER********************************************************************
Always do your own analysis before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).
Follow me on Twitter for updates: @fxtrader2000