Price broke out of its daily channel to the downside & is back up retesting the broken trendline. However, euro is very bullish right now so I will not consider taking this trade until further confirmation & rejection of the level price is testing now .. Price may pop back up into the channel again we will have to wait & see
Kommentar:
daily close is preferred before entering this pair, high impact NZD news tomorrow as well can give this pair the push down it needs.. So far when price reached this level of resistance it quickly reacted & pushed away..
Kommentar:
Daily candle respected fib region, & closed with a bearish engulfing breaking my CTL.. short..