This pair is in a very strong up trend
on the daily and has formed a pivot
zone on the 4 hr at 124.30 . Also looks like
a decending triangle forming. I will look for a
break of this triangle for a long trade. Initail target
would be top of triangle with a stop below the
124.30 pivot zone.
on the daily and has formed a pivot
zone on the 4 hr at 124.30 . Also looks like
a decending triangle forming. I will look for a
break of this triangle for a long trade. Initail target
would be top of triangle with a stop below the
124.30 pivot zone.