Strong historical horizontal support @ 1.34407 (.618 fib) which looks like we have just bounced at.
I would wait for confirmation of the bounce (close of Monday next week ideally) but looks like pair has a nice few weeks of bullishness ahead.
Following the fib back on the way up I suspect 1.38560 & 1.48350 to be our next areas of strong resistance. The pink lines serve as areas to looks out for where he have had resistance in the past.
I would wait for confirmation of the bounce (close of Monday next week ideally) but looks like pair has a nice few weeks of bullishness ahead.
Following the fib back on the way up I suspect 1.38560 & 1.48350 to be our next areas of strong resistance. The pink lines serve as areas to looks out for where he have had resistance in the past.