The area of resistance at 0.75200 is proving very strong. Unless there is more bull momentum, we will most likely see a pull back to the 76.80 or 61.80% Fibonacci levels before the price climbs above the 2021 October high.
Commento:
Price broke out of the October high. I'm looking to buy a retest and rejection
Commento:
Small profit from scalping the new high, now looking to sell to 78.60% Fibonacci.
Trade attivo:
TP: 0.74293
SL: 0.75262
SL: 0.75262
Trade attivo:
Seen some strong profit so I'm halving my position size
Commento:
Retracement to the 78.60%. I think the pair will trade sideways for a while.
(on daily timeframe)