Disliked{quote} This Cheeky long seems OK now, i am targeting previous daily highs around the 172/173 levels and perhaps even beyond... i will allow this trade room to breath if need be, but as long as we stay above 168.80 i feel confident. Daily charts shows the pair highly oversold but there could still be a few knee jerk reactions before a final breakout the the upside comes through... just noise from the market to try and confuse everyone. As always, time will tell! I am also long EURUSD with VWAP of 1.3777 and i am still holding longs in USDCHF from...Ignored
Hoping for this pair to get above 169.75 and stay their perhaps consolidate a bit before gaining the momentum and recharge needed to break above the 170 level... currently fighting with 89SMA on daily, above this MA will really make me feel very comfortable.
So far longs doing well!
Cheers!!PM23