Market sold off heavily last week but found support at 1.6280, a key support zone. A pin bar was formed rejecting that area on Friday.
The near term trend is bearish. I will be looking for a counter trend trade next week and go long before looking for shorting opportunities near resistance zone around 1.6460.
The near term trend is bearish. I will be looking for a counter trend trade next week and go long before looking for shorting opportunities near resistance zone around 1.6460.