You might want to keep an eye on these this week!
The rate has fallen back again to test the major rising trendline support.
I am looking for a bounce higher and a daily close above the last Friday's high at 2.0435 would work as an indication the rate is ready to resume higher.
Only a break below the 2016 low at 2.0170 would invalidate my overall bullish bias for the pair.
I am looking for a bounce higher and a daily close above the last Friday's high at 2.0435 would work as an indication the rate is ready to resume higher.
Only a break below the 2016 low at 2.0170 would invalidate my overall bullish bias for the pair.
