It may well go up, but it doesn't have the appearance of a coiled spring. The rising trend line on a 15 minute chart may well be tested.
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DislikedI'm not there anymore... it went up. is the picture invalid now?Ignored
Dislikedtoday is still an up day.
resistance near 1.0270 area is strong, thats all...
ascending support is also detected means buyer waiting for bargain.
another thinking is, asia trader is closing half position to prepare london session. letting "fresh" money to enter. i think most of you too, don't want to buy if price is at 1.03xx when you wake up. (except trader like me --- trend follower maniac)
i think big up swing still have big chance to occurs than down swing.
my sentiment is, if price can break this resistance (means serious buyer...Ignored