Any signs of retracement yet?
@hatimtai, Hi mate, just checked the charts - for me I am continuing to hold this position as we have broken 1.82500 which is a 00 number and has also had a high volume of trading at that price (to me indicating a significant resistance level) i think we may see price interact this level again before heading down to 1.80800 and maybe further it is also still overbought on 8H Daily and Weekly charts. Good luck with your trading! :)
RussellFitzsimmons RussellFitzsimmons
@RussellFitzsimmons, Looks like a nice head and shoulders pattern is forming too. Watch for a close below 1.81800 and I think we will see more downside movement.
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