Looks like this pair forms another pennant which is finding support on 100ma. If breaks below we might observe 9.39xx levels aligning to 450ma and YPP. If breaks above will bring the price easily to 11.2x which is fib extension from the previous low of 9.30.(although the pennant breakout rule suggest that we should look for 10.95, extension from 9.30)
Btw my last trade on this one was stopped under the 100ma. :(
Please use SL or hedge and consider your own research.
Btw my last trade on this one was stopped under the 100ma. :(
Please use SL or hedge and consider your own research.
