In yesterday's analysis, I talked about potential short-term pullback or rotational condition on GU, which market just kept pushing upwards. In today's trading session, I will be using the 18 & 50ema to guide the momentum of the trend. Avoid chasing the market in an impulse, always wait for a pullback/ dips. 1.4033 & 1.3950 are minor support zones where market could re-test. The market condition now is slightly over-stretched, be cautious if you're expecting some impulsive upside movement. Stay reactive!
Do not forget the overall trend on the higher timeframe remains bullish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
Do not forget the overall trend on the higher timeframe remains bullish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
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