If we can see a pull back to that ascending trendline, later a bounce off and break of that minor resistance around the 142.200 area, then we can expect a good long opportunity for this pair to the next level of support highlighted in light-red. Or possibly a further upside to the major daily resistance level in dark-red.
However, price can break the trendline to the downside. In that case, I will come up with a new update to this chart. For now, my biase is still a long opportunity for this pair after that failure to make a new LL.
However, price can break the trendline to the downside. In that case, I will come up with a new update to this chart. For now, my biase is still a long opportunity for this pair after that failure to make a new LL.
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The pair is still respecting that trendline.
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Anyone caught this analysis should be happy
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Still going up. We'll sell at the double top, around the 147.600 - 147.900 area
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