Hey guys,
i'm waiting to see how price will react at the retest of the lows here. The situation on the daily is pretty clear, price has had a downward move from long time ago and i'm now expecting a relief rally out of that. Looking left now we have a former suppport zone that could act again in this pair. But since the trend is very strong i want to have a confirmation on lower timeframes like 4h and 1h. Let's see.
If you have any question or ideas to share, feel free to comment below.
Otherwise, see you in the next chart!
i'm waiting to see how price will react at the retest of the lows here. The situation on the daily is pretty clear, price has had a downward move from long time ago and i'm now expecting a relief rally out of that. Looking left now we have a former suppport zone that could act again in this pair. But since the trend is very strong i want to have a confirmation on lower timeframes like 4h and 1h. Let's see.
If you have any question or ideas to share, feel free to comment below.
Otherwise, see you in the next chart!
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