2017-06-22: Double-top has formed. Confirmation when price action breaks and closes below neck line at 111.058. Would then expect the price to continue bearish to next support level at 110.331
H1: Down Trend - trend continuation move after retracement. 38 - 63 pips if looking for Fib Future D off previous price action/structure.
H1: Bullish Wedge forming with likely breakout bullish. Potential 150 pip move
Waiting for current retracement to complete and resume Bullish trend. AB=CD confluence with 1.618 Fib Future D and Major Fib Pull back at 61.8.
2017-05-20 On the Daily chart this pair is still bullish, up trend. Current price action has pulled back to fib 50% and with RSI almost over sold a turn is likely. I'd predict that the price action will make it down to 61.8% fib before resuming bullish trend. First target would be resistance at 1.37898 with longer term FIb Future D at 1.41376. Likely at least one...