My bullish mood from the low has turned to neutral. The move up is only 3 waves. Stops should be above 1.4400 to secure a profit.
Price is currently at support. Another 3 wave move up towards 1.4550-600 is possible to complete a larger 3 wave structure from 1.4248 (Y). If today's daily candle fails to close as a bearish piercing, I would favour a continuation higher.
Tomorrow is the BOC announcement.
Price is currently at support. Another 3 wave move up towards 1.4550-600 is possible to complete a larger 3 wave structure from 1.4248 (Y). If today's daily candle fails to close as a bearish piercing, I would favour a continuation higher.
Tomorrow is the BOC announcement.