The pair witnessed a deeper pullback and bounced back sharply during its last trading week. However, the pair managed to hold above 132 thereby suggesting further extension of gains towards 137/138 can be seen in coming weeks ahead of turning lower.
I was expecting the pair to hold around 134.70 and bounce back but the pair witnessed a deeper correction towards 132.90. But overall my projected scenario remains the same for coming weeks.
Prices breaching the recent low of 132.90 will negate the potential of immediate upside and the projected scenario will be invalid.
I was expecting the pair to hold around 134.70 and bounce back but the pair witnessed a deeper correction towards 132.90. But overall my projected scenario remains the same for coming weeks.
Prices breaching the recent low of 132.90 will negate the potential of immediate upside and the projected scenario will be invalid.
