
the lower trendline and the support at 1.4840/00 still seems intact, price action might be choppy here as we expect the bulls and bears to fight for control at this area. The double top bearish reversal will still hold true as long as the top does not get taken out. if it breaks, we might look for a possible 400pips correction in the pair to retest the 1.4447 area.
No comments:
Post a Comment