An early price drop into the 111.10 - 111.30 range at the beginning of next week could potentially create an opportunity for a long position.
(I didn't see a way to edit the previous chart so I published another one.) To repeat or not to repeat...that is the question.
The median line (middle line) of this Modified Schiff Andrew's Pitchfork is acting as resistance (which also acted as temporary support on the topside) at the end of a strong move down in price. I entered a short trade at 1.2107 and expect price to fall to my target of 1.2067 (although the lower parallel of the pitchfork is the ideal target I chose a numerical...