Disliked{quote} So far so good Bulls need a weekly close and more importantly a monthly close above 1.25000 179 pips in weak Gu trades booked for the week. Take care, Cheers. {image} {image}Ignored
From a 4hr time frame perspective it is likely that price will retrace early next week to my future weekly pivot at 1.25168 ish or even 1.25000 for an overshoot. The most important thing is that price could or should stay above 1.25000 for the month unless something drastic happens. 1.25000 is an important quarterly level and a monthly close above could spell 1.27500 before a decent reversal but increases the likelihood of 1.30000 later on in the year.
Have a great weekend,
Cheers.
Trade to trade another day
14