Bulls fighting to keep price to the upside, watching for a break of channel top (CTL) for longs to recent highs.. & potentially a higher high. Price sitting on a daily key level needs to break before considering any direction, Euro CPI numbers shortly could push this pair up to where it needs to go
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breakout.. Potential longs on the retest waiting for the daily close
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to add positions
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tp1 nearly hit! +90 pips
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price came back down to retest after the breakout, may have a great long next week if price closes above the 61.8% & above the broken CTL
I think its now about to break the trendline downwards.What do you think. Im short on this position right now.Your help is appreciated.
Thanks
Profound_Ambition
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@om.deuja.chhetri, lets see how the daily candle closes, if it closes above the trendline ill be looking for longs, overall I still have a bullish outlook on this pair
Thanks