As we suggested last week we were looking for this to reject below and then resume some bullish momentum. The support held but what we can see now is the trend line acting as resistance above which could cause a turn here unless we break back inside. We have FOMC tomorrow so we're expecting there to be some swings in the coming sessions which could take the price up to that higher resistance level 1806 and beyond that 1830. Look for the breakout on the 4H of the consolidation area and then target the next level.
GreenGateFX
GreenGateFX
