On the whole I'm shorting this currency pair.
Hit the Fibonacci 61% retrace in June 2015from back in and currently looking at reaching the first extension level of 1.272 (119.931). This also corresponds because the resistance is almost the same point as our first target level.
Furthermore to back this up is that its currently following a parralel channel formation.
Hit the Fibonacci 61% retrace in June 2015from back in and currently looking at reaching the first extension level of 1.272 (119.931). This also corresponds because the resistance is almost the same point as our first target level.
Furthermore to back this up is that its currently following a parralel channel formation.