...I am bearish about it.
Consider how strong and resilience is the resistance at 0.77.
If the price can't go up, well then it will go down sooner or later.
If you are a most cautious guy, just wait and see price action piercing the trendline and be ready to sell at a daily close below it.
Eventually, should you be a fundamental trader, also the soft CPI is on our side.
www.forexfactory.com/news.php?do=news&am...
Cheers
Riccardo
Consider how strong and resilience is the resistance at 0.77.
If the price can't go up, well then it will go down sooner or later.
If you are a most cautious guy, just wait and see price action piercing the trendline and be ready to sell at a daily close below it.
Eventually, should you be a fundamental trader, also the soft CPI is on our side.
www.forexfactory.com/news.php?do=news&am...
Cheers
Riccardo