Good potential long position on this pair. Clear inverse head and shoulders pattern has formed and we are retesting the neckline. I would be inclined to wait for a break and retest of the neckline before a confirmation that the market is bullish. However we may just have a straightforward breakthrough so keep a close eye on this level. Keep an eye on economic releases as always.
This is my opinion on this pair.
Best of luck to everyone.
This is my opinion on this pair.
Best of luck to everyone.