Stuck at 0.99, and a triangle were made.
Just have to wait the pattern broke.
Then we follow which ever the pair goes.
But it is more likely to reach 1.00 IMO.
So currently the price were somewhat exhausted at 0.68.
If this line holds, it open the posibilities of price creating a symmetrical triangle for the pair.
So, what i think is that price were continuing rejection last week.
The problem is that currently price were respecting the minor support at 0.6869.
Its important to understand what the price says about this line, which yet remain to be seen.
Cable at 1.32 range, a move is imminent.
One thing worth mentioning is that the current price range is cleary rejecting to get inside the previous range
So a short might be a good idea.
Currently waiting for some signal, maybe breakout or rejection at 1.32 might do the job
It might be short or long.
The important thing is that trading opportunity will happen here.
Wait and see for the moment.
More likely short, waiting for the signal.
