the pair is finishing an intermediate 5 waves cycle that will label the grand cycle wave 3.
the resistance area is expected to start near 1.2260-1.2290.
a three waves pullback is expected to retrace and retest previous wave 4 near 1.2060.
we will be looking forward to buy the pair again to target new highs finishing wave 5.
the resistance area is expected to start near 1.2260-1.2290.
a three waves pullback is expected to retrace and retest previous wave 4 near 1.2060.
we will be looking forward to buy the pair again to target new highs finishing wave 5.