After exiting its downtrend channel and uptrend channel earlier today, one could say that the pair is within a horizontal channel.
Commentaire:
Please support me with your thumbs up and comments.
Transaction en cours:
The pair made a consistent bull run after the US GDP negative data release. It might retest the higher high or the 1.1850 area.
Transaction en cours:
The price retested the higher high at 1.1960. If it moves downwards it will create a double top otherwise bulls could do another run of 50-60 pips.
Transaction en cours:
The bulls did make another 50 pips run but it might have cooled down as bears have kicked in.
Transaction en cours:
A strong dip has occurred today. Could this be a sign that bulls a losing ground?
Transaction en cours:
a - are*; The dip has continued today.
Transaction en cours:
The price almost reached bears' 3rd tp area but was rejected by the 200SMA on H4.
Trade fermée: cible de profit atteinte:
