The level of 1.22870 has been working as a level of support in the pair and pushing the price towards the North as expected. The price made a breakout at the last swing high. It is traded above the level as of writing. It has found its resistance 1.25460. If it gets broken, the buyers may push the price towards the North further. The price may find its next resistance around 1.26550. On the other hand, if the price produces a double top and makes a breakout at 1.25075, the price may get bearish for a while, but things look good for the bull.
- Joined Jul 2011 | Status: Member | 7,745 Posts | Online Now
If you trade like me, you'll be homeless and broke within a week.
Goldilocks All Time Return:
108.6%
- Joined Jul 2011 | Status: Member | 7,745 Posts | Online Now
If you trade like me, you'll be homeless and broke within a week.
Goldilocks All Time Return:
108.6%
- Joined Jul 2011 | Status: Member | 7,745 Posts | Online Now
If you trade like me, you'll be homeless and broke within a week.
Goldilocks All Time Return:
108.6%