Centri

Centri

False bullish breake - move down commencing soon.

Centri

Long... if that holds.

Centri

Coming close...will we break it? Watch for the beggining of august - uk rate hike.

Centri

10.40 or lower is the upper border. Then lower again...

Centri

Good data from the US. SL 1.1860. Going down to test 1.15.

Centri

Well, that's my idea.

Centri

Well...that should hold... and then we are going south.

Centri

Critical region of three upper channel borders.

Centri

Still short...

Centri

We are still within the ascending channel and more specifically its upper part. I personally see the move down soon.

Centri

Upper channel border stopped the move upward last time...hopefully the test once again (or not) will bounce again and then we are waiting for the move down...

Centri

Well I think the price is soon going to bounce back down.

Centri

In my humble opinion the price is going to move down soon...

Centri

Hopefully the written prediction will be correct.

Centri

Plain idea.

Centri

On the daily chart we see a long term descending channel within which there is a smaller ascending channel. In this moment we can either go directly to the touching area of those channels (around 1.23 ) and then move down or move first down to twards the lower border of the smaller channel and then up.

Centri

Short

Centri

As we can see there is an interesting configuration. In my opinion the possible short is coming near term.