Yesterday's upmove signal possible continuation. But price action looks overstretched, thus I would expect at least a pullback, support before any further up move.
Above 1.1780 I will be long bias. Gd to wait for price to pullback to enter. Upper targets/resistance are 1.1854, 1.188. In the unlikely event of strong up move 1.1936 will cap high of day. Low risk sell level.
Below 1.1774, look for shorts to target 1.1746. 1.1726 should cap low of day
Above 1.1780 I will be long bias. Gd to wait for price to pullback to enter. Upper targets/resistance are 1.1854, 1.188. In the unlikely event of strong up move 1.1936 will cap high of day. Low risk sell level.
Below 1.1774, look for shorts to target 1.1746. 1.1726 should cap low of day
Commento:
Possible rejection off 1.1854 R. Look for pullback to 1.1808 and even further
Commento:
Where did price stop? 1.1880, to the pip
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