We saw a nice fake-out move lower, buyers immediately pushed price back above 1.38500 - below this level look for shorts.
If we make a higher low / inverse head and shoulders pattern on the hourly, we could see a run up to 1.40. A break of this level will confirm longer term bullish sentiment
If we make a higher low / inverse head and shoulders pattern on the hourly, we could see a run up to 1.40. A break of this level will confirm longer term bullish sentiment
Comment:
Target met @1.40