if that 1891 level holds out to R in this area. the compression could be worth many pips. the 1.1891 level is part of 0.86xx. i can't say with certainty 1891 area will drop it. but if it does, dont get in front of it. momentum and the closes still are looking bullish month to day etc. i dont use indis.. but i did glance at stochastic today the month, week, and day, all look overbought. even if 1892 doesn't stop it, its gone 1500 pips w/o much correction. the month looks pretty impressive on default settings. not so sure it will make 1.21 this trip. i know this and 5 bucks can get a cup of coffee. anyone who uses stochastic is welcome to weigh in.
those who can, do. those who cant, talk about those who can