looking for upward movement once price movement is rejected at .95900 then hoping for continuing upward movement breaking through .96600 retesting and thereafter moving bullishly to around .98000
we have seen a small upward movement from the 88.500 mark progressing to 89.00. if there is a rejection at 89.00 we can see a shorting opportunity being presented with the formation of a head and shoulders which may likely take this pair to the down side.