Follow Up UC Short
4 Hour Chart!
The yellow zone highlighted is a follow up from this morning with fibs added. It looks like the retrace has happened and our Stoch is oversold. We have that resistance line at 1.32460 and support at 1.32022. If 38.2% is broken, there is a VERY good chance we'll continue up. If the pair breaks 1.32022, it will most likely continue down.
What do I think will happen? I am pretty sure we're on our way up!
The yellow zone highlighted is a follow up from this morning with fibs added. It looks like the retrace has happened and our Stoch is oversold. We have that resistance line at 1.32460 and support at 1.32022. If 38.2% is broken, there is a VERY good chance we'll continue up. If the pair breaks 1.32022, it will most likely continue down.
What do I think will happen? I am pretty sure we're on our way up!
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