It looks as if we are getting a rejection from the 50% fibonacci level, confirmation and caution needed. IF we get a bearish signal we might expect a long awaited fall of the pair, down to 1.24 levels. There is plenty of room downside, and we are on a weekly resistance that is strong.
Watch what price does at 1.357 or the 50% fibo level. Anticipate - Don´t react!
If wanting to enter short here, we can get a nice RR ratio!!
Watch what price does at 1.357 or the 50% fibo level. Anticipate - Don´t react!
If wanting to enter short here, we can get a nice RR ratio!!