Good day Traders !! On this multi-timeframe analysis we will make a full breakdown of this pair.
Monthly : We have an overextended "W" Formation and we retested the neckline and aggressively rejected it.
Weekly : We do have a rising Wedge and we just broke above the upper trendline and retested it and we are ready to continue to the upside.
Daily : We have...
Take a look at daily chart, after fail break out the resistance 1.23 GU has downed but still slow, in the last my GU post, we have a short deal in 1.225 and still hold with the target 1.20.
H4 timeframe, i'm expecting it will retest H4's resistance at 1.22 and going down but that's not good idea, maybe it will be retest again resistance 1.23. If it breaks out...
