//////////////????????????????????????////////////
the last major drop is still clean and clear. big money causes that, the drop still should continue but it probably won't be a fast drop, but in my book it will still happen. due take into consider that this could range due to the way that it went up back to the breach level. it did take two days to get back up there so that has to be taken into consideration.
strong pound over all and nice demand area with nice support trendline to make it simple.
dont think the support will be tested based on the strength of the market; some kind of channel has the potential to test that upper level.
the bulls have brached with power and there is not much to stop them. what do you think?
the bulls do look to have the strength to test higher levels but the acending triangle would have to hold and give a better price for entry.
SHOULD GO INTO NEXT WEEK BUT FOR FOR NOW JUST A THOUGHT TRADE AT YOUR OWN RISK NOT RESPONSIBLE FOR YOUR LOSSES
bulls are in control and big money is in it for the buy. not responsible for your losses; trade at your own risk.
very risky but cad is strong and jpy is very weak and should get weaker
simple buy that has enough sellers in it not responsible for your losses