We are back in a new week of GU. Last week was a crazy week for forex trading but we are back with a new week and new predictions. So We see that GU's retrace may finally be over as the last bullish trend seems to be done and over with. Now the question is when will the bears fully start to take control? I wouldn't put a sell entry in until under 1.35122 and even at that id wait for a retrace. I am interested to see where this goes going into Monday.
My Resistance line (Daily) - 1.37513
My Support line (Daily) - 1.31629
Trends are based on a 4HR chart
If selling first TP is 1.33667
My Resistance line (Daily) - 1.37513
My Support line (Daily) - 1.31629
Trends are based on a 4HR chart
If selling first TP is 1.33667
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.