BEARS EXHAUSTED,DOUBLE BOTTOM ON DAILY WEEKLY TREND THIRD TOUCH 4 HOUR TRIANGLE BREAKOUT AND NICE RETEST NO DOUBT IN TAKING LONGS ON THIS PAIR.
HEAD AND SHOULDER FORMATION ON DAILY WILL BE SELLING THIS MARKET UNTIL 1700 FOR A POSSIBLE RETEST BEFORE MOVING BACK UPWARDS
BEARS ARE TKING OVER AS MARKET ANANLYSIS SHOW HEAD AND SHOULDERS ON 1HR AND H4 RESPECTIVELY.
MARKET BEAR ARE TIRED BULLS COMING INTO PLAY NOW.
HEAD AND SHOULDER FORMATION AND DOWNWARD TREND MARKET CREATING NEW LOWER LOWS SELL NOW AT 1.51061.
NOW THAT PRICE HAS GONE BACK THE SELL TREND LINE ACCOMPANIED BY A BEARISH FLAG,WE SHOULD SEE DOWNWARD MOMENTUM.
MARKET CURRENTLY AT A DOUBLE TOP WE MIGHT SEE A TEST OF THE BUY TREND LINE BEFORE GOING LONG O THIS.