I believe we have a completion of the 5th Elliot wave into resistance trend line. For short term traders, I suggest take profit near 1.10 and to near 1.09
RSI levels have been stretched in the overbought condition as well as above my normal range levels from my indicator.
My indicator overbought levels typically near 55-60 and we are at 60.
A break above 1.13 would suggest higher price action into 1.14
RSI levels have been stretched in the overbought condition as well as above my normal range levels from my indicator.
My indicator overbought levels typically near 55-60 and we are at 60.
A break above 1.13 would suggest higher price action into 1.14