I still believe strongly in a move back to 0.8530 (bottom of channel).
The pair has moved higher, and it feels as if we go higher, but I am of the view that we are overbought. We are above channel top and now a dark candle suggest we may see a break of 0.8687 trend line support. Take profit somewhere 0.8557 now.
The pair has moved higher, and it feels as if we go higher, but I am of the view that we are overbought. We are above channel top and now a dark candle suggest we may see a break of 0.8687 trend line support. Take profit somewhere 0.8557 now.