My two sense says short to point of confluence (1.2100) then long til resistance zone (around 1.2550)
3 wave structure on daily chart has broken to the downside. Below a 3 wave structure has formed on the 1hr. Awaiting a break of support to confirm sell. Your thoughts?
Bears likely to take us down to 87.406 while the bulls warm up. From there bulls are likely to race upward of 92.00 setting a new high.