See the self-explanatory chart. A move up from Resistance turning into support, which confluences with the 50% fib retracement.
Tight stop-loss at 132.772 TP at xxxxxxxx (t.b.d.)
Trade aktif
Today we saw some zig zag movement. In my opinion this is due to the upcoming ECB meeting tomorrow, which will decide the direction for this pair.
I feel that the 133.000 level is a huge psychological level, if we manage to hold this, and the outcome of the ECB meeting is positive for this pair we will see a Bullish continuation move.
Again, this is my outlook on this pair! I am still in this trade obviously.
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