It keep trying to break over 0.786 Fibo of the daily level but it keeps rejecting with big volume.
Be ready for a correction soon, at least to 88.4. After that pair possible break over Fibo level and weekly trendline what is also around the Fibo level.
Still little bullish tough at the moment, it wouldn't surprise me if we brake over 0.8975 for a moment to flash out the shorts and then fall very fast.
Or we see a slow correction so traders think we are still bullish. Let's see.
We need to break 0.88740 and retest to really confirm we are bearish.
Be ready for a correction soon, at least to 88.4. After that pair possible break over Fibo level and weekly trendline what is also around the Fibo level.
Still little bullish tough at the moment, it wouldn't surprise me if we brake over 0.8975 for a moment to flash out the shorts and then fall very fast.
Or we see a slow correction so traders think we are still bullish. Let's see.
We need to break 0.88740 and retest to really confirm we are bearish.
