Bears believe bulls are over extended and ready for a retrace. Bull are looking to reach level 1.38 before giving up their gains.
1.40 is within reach. If bulls make a dash for 1.38, expect some very fast price action to touch 1.40 before retrace.
Chart - Weekly - http://chart.ly/lwckqis
1.40 is within reach. If bulls make a dash for 1.38, expect some very fast price action to touch 1.40 before retrace.
Chart - Weekly - http://chart.ly/lwckqis