DislikedTechnically right boounced off the upper edge on the cloud forming a shooting start and the gain is
on. Quite a perfect one.
Attachment
all the way down to 0.9940Ignored
My view is that the bullish trend is still in power, we are still obove rising trend line, coming back through it with a gap/window of about 50 pips lenght. Also the 38.2 fibo level of retracment(which havent even touched the 38.2 retracment of bullish movement from 0.9070(green levels)) from 0.9560 were already taken(red levels), and also we are still above 0.9400 area and 38.2 retracment of the move from 0.9970 (white levels). But for now i think we will move for some time in horizontal formation between 0.9380 and 0.9550, today and tomorow fundamentals should tell us more.