Quick DAILY Outlook
- Currently we are trapped inside a bullish circle where bulls get support from 1.0902 area and they now have started to force price for a potential retest of 1.0992 area!
- BUT just know that this pair is being kept under pressure from both sides.
- In the recent days, we watched bears trying to force price below my GREEN WMA line, but the drop has been clearly stopped around ~1.0888 and we ended up in a sideways, choppy phase.
- As long as we are ping-ponging between ~1.0992 and ~1.0902, pressure will grow and it is likely that this is going nowhere until one side shows stronger dedication.
- Overall, I suggest to trade mixed and extra careful until we are out from this indecision.
I hope it helps
Be a seer, not a looker!
Ata's Trend Hunter V3.6 All Time Return:
-22.8%
8