we cant see the buyer closing the gap to 1.565 even we should have a strong support from the TL and 1.551 support area.
we are in an interesting area. Dont entry without any clear PA. Indecision occurs.
We will see some retracement to the level between 0.236 and 0.382. we have good buying force under 120.5
1.225 ( 0.5 FIB) show a strong resistance. Lets see how price react around 1.215 where is a good place to buy? think about it.
Same as yesterday, looking for some retracement before placing sell order.
It breaks the trendline. Wait for retrace, enter safe
0.5 FIB mind the resistance around 1.23 Will have some buy position when price retraces
The break was impressive with the rejection from 119.91 yesterday. Looking for a retracement to the support level. Dont chase the price.
0.382 fib reached Going to make the right shoulder? short term long near 1.111 and when price move higher, we will see if we are going to sell it or not
Support around 1.546 with 0.5 FIB and TL from early May. Mind how price react after GBP MPC Official Bank Rate Votes
The explosive move may continue. See how EUR and GBP data affect its price movement today. If CAD stays strong around 1.21, I will look forward to 1.23
In the top of triangle. good place to sell for a quick profit. however, mind its breaking North when London open
Downward movement in a up range selling pressure around 0.803. Looking for 0.79
strong selling pressure around 1.57 to 58, Do the buyers closed their position? expect a short term down to 1.555 area
looking for 0.236 to 0.382 FIB will enter short when price test higher
looking for 0.234 to 0.382 retracement
Mind the pin bar. Seem like a good place to sell