markets need to hurry up and show big green candle if not bulls will loose hope soon . need to go up in 2 days now if not we might see bears taking control again. Hopefully market will pick a direction here till than its very chopy.
Last two weeks we have had a nice bullish run up to 94.00. There are a few options that are on my mind. - We either break 94.00 and have 96.00 as our next target. - We have a nice Daily close below 94.00 and aim for 93.00 as our first target. - 93.00 Will also be a critical level to see if price will break it our bounce back to 94.00 > Probability of breaking...
Price is back at a very critical resistance level (148.100) area. This zone has help since early 2016. GBP gaining a lot of strength & could potentially be gaining more.. This is a strong zone, but a potential rate hike for the pound is possibly soon, & can send this pair flying up to its next resistance area 151.650 area. Not rushing into anything with this pair...