It is healthy as mentioned before to get a retracement so as to not go into a full blown over bought state.
As circled on our RSI we leveled out in a more normal range before moving further up also conforming to the bullish pennant.
According to what i am seeing, this may play out further and continue up to a dollar which is in conformance with my previous view on this pair.
As circled on our RSI we leveled out in a more normal range before moving further up also conforming to the bullish pennant.
According to what i am seeing, this may play out further and continue up to a dollar which is in conformance with my previous view on this pair.
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