The pair target is 0.7766 to 0.7780 . I expect the up trend party will remain visible. The pair expected to dip from the mentioned target to 0.7710 to 0.7677 . This is where I expect LONG swing position should be entered targeting 0.7914 with a stop lose below 0.7600 . The current price 0.7722 is good for entering LONG now with target 0.7766 to...
The pair recently broke the uptrend and retested it . Now it appears to descend in a Chanel. I expect this Chanel will be maintained for a while. Sell Positions are advised to be taken on approaching the upper side of the channel .
Tomorrow will be weekly close as will as monthly close . The price is between two strong levels. I expect tomorrow will be fast range trading. So expect false break downs.. ... Sell always at the range high bound as illustrated ..
Draw the trend from the different starting point
Drawing the trend from different starting point will show that the uptrend still intact .