heres what im think ing could be the next moves for this pair. Im thinking we could either see a drop to the nearest support highlighted with the red box followed by a revesal or a further drop to the weekly supporting trend line which could then also be followed by a reversal. To begin with i would like to sell to the closest support highlighted and if i see a break in that support i would then look to place buy limits at the weekly trend line.
comments and/or suggestions highly appreciated :)
comments and/or suggestions highly appreciated :)