On the short term it might make a sligh pullback. Looking at the stochastic and RSI it is overbought, also a bearish crab is spotted on the 1 hour chart. in the long term however i think we are 3rd Elliott wave.
Target: 1.21 (50.0% level on weekly fibonacci)
Stop loss: 1.225
Target: 1.21 (50.0% level on weekly fibonacci)
Stop loss: 1.225
Kommentar:
Remember: this MIGHT only happens if the break through 1.22 wasnt real.