After getting rejected by the strong resistance at 0.88500 we can expect the price to go in a downward direction to touch the bullish trendline as drawn by me or the targets shown by the Fibonacci retracement only if today's candle ends up closing in the red. And don't forget to apply a stop loss while trading, so keep an eye on the economic calendar because any...
After impulse comes correction. By using the Fibonacci retracement we can expect to see a bullish run to the golden ratio(0.618) or to the bearish trendline as drawn by me if today's candle closes in a green candle but also keep in mind to apply a stop loss before taking a trade and be alert on the upcoming news relating to this currency pair if news comes...