Similar to GJ, GU closed with buyers exhaustion on friday. Looking to see if price can break and retest 1.26700 to continue the bullish impulse wave on the Daily TF. If price creates a LH or a Double top, I will look to sell until price reaches 1.25400 and reject that area to look for buys, a break below 1.24627 will signal a Bearish trend.
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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.