The last candle shows the indecision on the markets due to important reports being released from EUR and GBP
Once the reports are released we will have some pretty good movements
On daily we have a rise which is showing being increasingly more pressured by Sellers, so we should be careful before jumping in
A good Short position would be once we have a breakout of the bullish trend line but with caution due to the rejection being near by and the price can use it to bounce and go bullish again
Once the reports are released we will have some pretty good movements
On daily we have a rise which is showing being increasingly more pressured by Sellers, so we should be careful before jumping in
A good Short position would be once we have a breakout of the bullish trend line but with caution due to the rejection being near by and the price can use it to bounce and go bullish again
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