Buyers and Sellers have been fighting and continue to fight. I see a lot of calls for 1.03 but so far the upper line of the down trend channel appears to be holding. The next hour or two may be critical.
Comment:
SL is at 1.02400 as it's above the tallest wick registered on 26th April. We are getting close to being stopped out but lets hope the sellers start to join the party here at these higher levels.
Comment:
Half way to goal. Good area to close half the position, move stop loss down to break evens and let it run to original target.
Trade closed: target reached:
Late update but target hit and trade closed :)