Weekly Chart:
Bullish engulfing pattern broke the long term down channel since 12 Feb 2018
Daily Chart:
Friday closed with a bearish pin bar (rejection of high price at critical level 0.669
Watch out:
1. There might be a retest the broken down channel
2. There might be a retest at weekly demand zone around 0.66
3. Zone around 0.669 might be the 1st resistance
4. Zone around 0.684 might be 2nd resistance
Action:
Join the Bulls around 0.66 with SL set @ 0.65
Bullish engulfing pattern broke the long term down channel since 12 Feb 2018
Daily Chart:
Friday closed with a bearish pin bar (rejection of high price at critical level 0.669
Watch out:
1. There might be a retest the broken down channel
2. There might be a retest at weekly demand zone around 0.66
3. Zone around 0.669 might be the 1st resistance
4. Zone around 0.684 might be 2nd resistance
Action:
Join the Bulls around 0.66 with SL set @ 0.65