As said in yesterday's analysis, as long as the price is above 1.4 I'm bullish this pair.
Yesterday we had an intraday correction of the first leg up and the pair stopped its descend at around 1.4050 confirming once more its upward trajectory.
As I'm writing this analysis the pair is trading in short term resistance at 1.4170 zone and a break here would expose my target of 1.43
Yesterday we had an intraday correction of the first leg up and the pair stopped its descend at around 1.4050 confirming once more its upward trajectory.
As I'm writing this analysis the pair is trading in short term resistance at 1.4170 zone and a break here would expose my target of 1.43
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