Why I am still long?
200ema on weekly chart is at 1.3554 which will provide decent support. The breakout of the wedgie will confirm a move up with price hitting 200ema on h1. We will then need to eat up through the supply zones indicated on my chart to make any further moves up.
CCI shows bullish divergence and it will either happen here, or at ~1.33.
Wish you success with your trading!
200ema on weekly chart is at 1.3554 which will provide decent support. The breakout of the wedgie will confirm a move up with price hitting 200ema on h1. We will then need to eat up through the supply zones indicated on my chart to make any further moves up.
CCI shows bullish divergence and it will either happen here, or at ~1.33.
Wish you success with your trading!