If you take a look at the daily chart you will see uptrend support line is very respected (4 times in a row), resistance of flat channel is broken once again. IMO the pair will drop to the 134.45 area and then I’ll be looking for long positions with target around 138.0
Please be careful here. There is still 100 pips potential ATM for short positions in short term period, but I don‘t see price going down to 131.195
GL!
mryoung
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Only in case this uptrend support line is broken I would change bias and be bearish on this pair.
djmanosv
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any update on the idea ?
eys98
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thank you for update master
Mobi0007
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what im looking for, IMO sell is not confirmed yet. Until the broke of top.Because its looks impulse and which is in correction mode. what will be let see...
If you take a look at the daily chart you will see uptrend support line is very respected (4 times in a row), resistance of flat channel is broken once again. IMO the pair will drop to the 134.45 area and then I’ll be looking for long positions with target around 138.0
Please be careful here. There is still 100 pips potential ATM for short positions in short term period, but I don‘t see price going down to 131.195
GL!