Strong support encountered
Sell played out nicely
Buy
Sell
BUy
Buy biased
SEll
Sell Limit
BUy... Next strong resisistance @ 1.22. The market favors an upward move despite economic uncertainty with jobless claims pending.
BUY Felicia...:)
Generalized trend, PA respecting the 10 & 20 EMA , wicking out on the downside says confirms failure to execute downward move.
Note, the area of consolidation followed by the attempted downward moves wicking out on the lower side. Considering the general trend of the pair it would favor an up move.