Disliked{quote} Definitely see your point. I'm afraid to short this pair, though If it dropped like you say, and subsequently failed to make a new high, then I'd be all over shorts... My above post, obviously really short term. Longer term, my view is strong bullish trend, but currently in consolidation. It is very tricky to gauge with this pair, at least for me, when it consolidates, as the swings are so extreme within a dynamic range. Appreciate your insightful posts, and also FX-Ray's. Not sure I'm up to you guys' level, but I'm learning...Ignored
That's a longer term possibility. On the day trader side I'd be looking at a pullback to the 186.914 area "IF" it clears the 50ema and 38.2 at the 187.40/60 area. Will have to watch PA on smaller TF's to tell.
1H & 4H charts.
Ghost Rider - WWTBMD?