If this remains in the wedge we should see another touch of resistance from 2016 high. (possible breakout up or down over the next month or 2.
If we see a breakdown down from this wedge this week it could lead to further downside long term in the pair which could set new lows for this year.
If we see a breakdown down from this wedge this week it could lead to further downside long term in the pair which could set new lows for this year.
Trade active:
Trendline is holding well so far.
Trendline is holding well so far.
