This pair continues to make new higher highs in the upward channel.

Its recent fall may now provide an opportunity to go long, however, I will only do so if there is more confirmation from the candlesticks. I expect the price to reverse in the blue zone/ beneath the 38.2% retracement and the previous resistance level which should become support.

Based on this I will be targeting the 38.2% extension level/ the previous high, although I do expect the price to exceed this,
EURGBPeurgbpbullisheurgbplongLONG

Feragatname