It's bounced down from some VERY strong resistance points already (Yellow circles), broken a long standing trend of Higher Lows.
I believe this pair will continue down for some time, until at least the 61.8 Retracement Level(Which will be my TP Area)
This will be a Long Term Trade, probably at least a week or two.
I believe this pair will continue down for some time, until at least the 61.8 Retracement Level(Which will be my TP Area)
This will be a Long Term Trade, probably at least a week or two.