We are still in an uptrend, however price is stuck in a 200 pip consolidation area, if price can break & stay above 1.33000 price will see its recent high & potentially break even higher to make a new higher high.. Watching closely for the next strong bullish move to the upside
Kommentera:
update::: if we can get a close above 1.33000 breaking consolidation price has room for another 300 pips or so
Kommentera:
update: price closed above consolidation region, now waiting for a break & close above 1.33400 to add positions :)
Kommentera:
4H trendline support is holding, however price is rejecting daily resistance so I will wait for some more confirmation