Just an hypothesis, not pretending to be right.
Seems we are in key point of convergence. if trendline is broken then sell the breakout with tp last strong area of support around 1.11/1.10, then i expect a move up (long term trend still up) that will retest the previous resist at 1.15.
If broken, then maybe reverse to lower support at 1.08 at least.
Any comment is welcome!
Seems we are in key point of convergence. if trendline is broken then sell the breakout with tp last strong area of support around 1.11/1.10, then i expect a move up (long term trend still up) that will retest the previous resist at 1.15.
If broken, then maybe reverse to lower support at 1.08 at least.
Any comment is welcome!