Weekly/Daily bias: Bearish bias as there is plenty of liquidity nearby for the taking before making higher highs. I would expect to see a temporary push back up as price retests prior highs before dropping another 10k or so into liquidity pool..
Good luck traders!!!
Weekly outlook: Bullish bias
I expect the last high to be tested as we head into the week, overall trend is bullish and smart money has had a perfect opportunity to enter at a low price of 1.1955 (62% FIB)to drive the bullish momentum back to our last high of 1.2350. This is an excellent 1:12 Risk/Reward!!!!!
Good luck traders!%
