Price broke out to the upside after consolidating for 9 hours. That consolidation zone was bouncing between 2 institutional levels, 1915 and 1920.
Price bounced off off the 1930 level before heading down to the next level being 1925, I expect price to retrace to 1918 - 1920 giving us a 62%, 70% and a 79% entry to the upside.
We will be monitoring the currency strength meter as price heads towards our entry area.
4 hour time frame shows us that the 14 EMA aka the BUY EMA just crossed over the 50 EMA aka the SELL EMA.
Good indication that price is goin to continue to head to the upside.
Price bounced off off the 1930 level before heading down to the next level being 1925, I expect price to retrace to 1918 - 1920 giving us a 62%, 70% and a 79% entry to the upside.
We will be monitoring the currency strength meter as price heads towards our entry area.
4 hour time frame shows us that the 14 EMA aka the BUY EMA just crossed over the 50 EMA aka the SELL EMA.
Good indication that price is goin to continue to head to the upside.