So far, EC has followed my prediction by going down to the area of the support TL.
However, you can also notice how the gap down was not filled when markets opened this week. This supports my prediction of a bounce off the TL and a short term bull movement to at least the previous week's close, if not to the resistance zone around 1.5000
All I need now is a relatively strong bullish candle that bounces price off the TL and up 200 pips or so.
However, you can also notice how the gap down was not filled when markets opened this week. This supports my prediction of a bounce off the TL and a short term bull movement to at least the previous week's close, if not to the resistance zone around 1.5000
All I need now is a relatively strong bullish candle that bounces price off the TL and up 200 pips or so.