The correction took a long time but It is coming closer to finish
This chart was from previous analysis and still hold true to what happen in the market so far, with adjusted expectation of what might happen
Broke and retest and we still have bullish bias on this pair
On the weekly price hit 61.8 retracement and starting to move up. Every Pullback should give opportunity to go Long
-Resistant Hit -RSI divergent - Head and Shoulder I think it is time to short this pair again
It has been in sideways movement and it give us another bounce with potential 100 pips upward move. If market open never break the support line, I will take long trade toward past resistant highlighted in red. Thats where the big bearish move might started.
retest the sell zone, we can sell toward last support
Wait for some pullback to key area to short again this pair.