Hi all,
few different analysis' supporting downside.
1:triangle wedge supports a retrace to 1.307-1.31
2:bearish bat supports retrace, expecting at least 1.315
3:Sloped resistance supporting downside.
Just a bit of downside info..
Now if the sloped resistance breaks, if we break above 1.327-1.328, highest being 1.33 then may as well hedge shorts/enter long positions, I believe we will be in for a ride.
Wouldn't go trading just before Friday night news though, but good luck all!
few different analysis' supporting downside.
1:triangle wedge supports a retrace to 1.307-1.31
2:bearish bat supports retrace, expecting at least 1.315
3:Sloped resistance supporting downside.
Just a bit of downside info..
Now if the sloped resistance breaks, if we break above 1.327-1.328, highest being 1.33 then may as well hedge shorts/enter long positions, I believe we will be in for a ride.
Wouldn't go trading just before Friday night news though, but good luck all!
Even the worst trade can close with profit. Just give it time.