The price had an impressive rebound on Thursday and Friday, ending the week almost even after the earlier strong sell-off. That rejection hints renewed bullish potential, as price formed a weekly pin bar candle at a previous high and support level. I will look for long opportunities over the lower time intervals targeting 1.1060 then 1.1180. A break below 1.0853 will negate the expected short term bullish bias.
Good luck, join me at:
twitter.com/thefxchannel
thefxchannel.com
Good luck, join me at:
twitter.com/thefxchannel
thefxchannel.com
