-short term uptrend may occur till fib level 38.2
-if price manage to break above fib level 38.2, uptrend continue to fib level 23.6
-personally have a sell bias as bearish flag is observed plus price is testing on monthly resistant zone, however, if price break above monthly resistant,
temporary buy setup above 1.4165
Remarks from author
1)This analysis does not represent long or short trade immediately, it is solely on the author analysis
2)Trade at your own risk with proper lot sizing and follow your own trading plan
3)Risk management is always be the top priority
-if price manage to break above fib level 38.2, uptrend continue to fib level 23.6
-personally have a sell bias as bearish flag is observed plus price is testing on monthly resistant zone, however, if price break above monthly resistant,
temporary buy setup above 1.4165
Remarks from author
1)This analysis does not represent long or short trade immediately, it is solely on the author analysis
2)Trade at your own risk with proper lot sizing and follow your own trading plan
3)Risk management is always be the top priority