Since being rejecting from 1.81000, the price has fallen 500 pips to current levels and could be ready for a large swing move to the upside. Key level 0.75750 will be a crucial level going forward and is where we will most likely be looking for LONG positions from
Also bear in mind the significance of the price remaining below 0.77550
More aggresive traders could look to enter SHORT on this pair if 0.76250 is broken and Bearish momentum is seen. Targets will be at 0.75750
Also bear in mind the significance of the price remaining below 0.77550
More aggresive traders could look to enter SHORT on this pair if 0.76250 is broken and Bearish momentum is seen. Targets will be at 0.75750