We broke resistance and I entered short. You see it hit support, bounce resistance and now we are headed back down, most likely to 1.13-1.135 zone.
(A) started the run and had a pivot to (B), which crawled to (C), now with the recent news releases and hit off the Fib, the run down is the next move. we will bounce off the S&R zones but over the next few weeks head down.
(A) started the run and had a pivot to (B), which crawled to (C), now with the recent news releases and hit off the Fib, the run down is the next move. we will bounce off the S&R zones but over the next few weeks head down.