My bias is short. Weekly price has not closed above 1.13
Leaving wicks to the upside.
From where the price is now there could be one more try from the bulls to break to the upside but I see 1.10 level being retested if bulls are the ever win this battle.
I would be waiting for a break and retest below 1.12 or price to retest 1.13 area for shorts.
I will update as the week goes along.
Leaving wicks to the upside.
From where the price is now there could be one more try from the bulls to break to the upside but I see 1.10 level being retested if bulls are the ever win this battle.
I would be waiting for a break and retest below 1.12 or price to retest 1.13 area for shorts.
I will update as the week goes along.
Note
I would much rather a break and retest of 1.12 now that price is up at 1.13. Will sit on my hands
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.