Meanwhile, on H1...
- Bulls achieved a breakout from the steep bearish channel, but momentum has died. Without a climb back above 1.0875 it is better to stay away from buying.
- Only if you believe that bulls will eventually attack, you could try buying dips to 1.0854 area... but it still would be risky! So be careful!
- Long story short: While this tasteless pa continues, bears have the upper hand. I better wait for London opening.
Happy trading week to all
Be a seer, not a looker!
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