Seems to be some rejection at resistance .98500. A pivot is looming.
A MACD/SIGNAL cross will give us our initial sell off creating momentum to push RSI out of overbought zone.
I have two Key supports marked on the chart with first TP at .98000 with a retest of .97700 pending first support breach.
Stop loss is asked above marked resistance which may tel us long continuation.
Attached is my previous buy with this pair that retested .98500 as forecasted. Please comment with thoughts and ideas. Thank you.
A MACD/SIGNAL cross will give us our initial sell off creating momentum to push RSI out of overbought zone.
I have two Key supports marked on the chart with first TP at .98000 with a retest of .97700 pending first support breach.
Stop loss is asked above marked resistance which may tel us long continuation.
Attached is my previous buy with this pair that retested .98500 as forecasted. Please comment with thoughts and ideas. Thank you.
