Smart money keeping their sell stops protected below this institutional level. We'll see a strong retracement by the GBP and EUR in unison to this level but fail to break any higher. look for the the exit at the -%127 level which is also a support level for the time being.
As we explore a nature of dynamic Fib channels with this pair. It's been interesting watching how it has adjusted its position based on price and time.
Have you wonder why it hasn't been motivated heading South for a while? It actually just daunting some moves but still on the proper level to stroll upward.
One of the findings is that, it has been actually...
