Quick idea.
The pair is near its key resistance again, at 1.9840. In order to examine larger extensions to the upside, we need a clear break above that barrier first. Even if the rate retraces back down a bit, still, the bulls could enter the field near the upside support line.
Please see the chart for levels, targets and the alternative scenario.
Don't forget your stop-loss.
The pair is near its key resistance again, at 1.9840. In order to examine larger extensions to the upside, we need a clear break above that barrier first. Even if the rate retraces back down a bit, still, the bulls could enter the field near the upside support line.
Please see the chart for levels, targets and the alternative scenario.
Don't forget your stop-loss.
註釋
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