After a heavy few bullish days, I think we may see a retrace ( to the area marked on the chart ). However, for this afternoon's US session the rally may continue. The daily chart is still very bullish, the dollar is still bearish. We made need a healthy retrace to balance the price for further upside. My overall target for the next few weeks is 1.0250.
Kommentar:
Setup is slowly starting to play out. I will be looking for entries after 02:00 GMT. Its looking bullish for US session
Kommentar:
we have lift off !