We look to Sell at 1.6840 with targets of 1.6608 & 1.6550 and a stop of 1.6880
2 positive daily performances in succession. Selling posted in Asia. Bespoke resistance is located at 1.6842. We have a 78.6% Fibonacci pullback level of 1.6840 from 1.6924 to 1.6534. The rally is close to an exhaustion count on the intraday chart. Due to an Ending Wedge formation, we...
Nice bullish momentum building for this pair and we should see that in coming days ahead. I'm expecting a retest to the previous support level before going up. I have placed a buy order at that level and marked the tp and sl for you as well.
LEt me know your thoughts.
Trade safe and good luck.