Don't be fooled by the apparent indecision in some currency pairs while we see the others moving to fresh 2019 extremes. Such an action smells of cashing profits and identifying new trading setups, which is exactly the subject of today's Alert. We wrote in our yesterday's commentary that while: (...) the exchange rate moved below the upper border of the declining yellow trend channel, suggesting that we'll see a test of the 38.2% Fibonacci retracement in the very near future. Nevertheless, the buy signal generated by the Stochastic Oscillator suggests that the bulls will defend this support. The bears didn't have ... (full story)