Breakdown of this pair, will be watching for a break of the CTL for shorts down to the channel bottom, or a rejection from where price is currently at to continue higher.. NZD news this afternoon so this will be the catalyst if we get a further pullback or push to the top of the channel
Interesting look here on this pair, it seems like price is failing to break 1.12200 area of support, watching to see if price can break the CTL for potential longs on this pair. Watching to see how this plays out closely
Price has came back to retest its broken daily counter trend line, now testing daily support. Looks like now we may have a continuation to the uptrend..
FOMC meeting shortly for the US dollar, which could go in favor for this pair I will be watching : )
Price holding at daily support / 50% fibonacci level & failed to closed below.. Price testing resistance currently, watching for a break & retest of the counter trend line for buy opportunities.. 2018 will be a big year for crypto currencies
Pullback now looks to be complete as price failed to break close below daily support multiple times. Price also came down to touch the 50% fibonacci retracement level & quickly went back up. CTL broken, now we may see new highs coming soon !
Price is making higher highs & lows & is moving in a nice uptrend. Price rejecting a strong fib level & if my CTL breaks I will look for a deeper retracement. Expecting a new higher high this upcoming week!