This pair could be very interesting this week as the support/resistance levels I have marked almost perfectly coincide with the 0.5 and 0.618 Fib levels.
We have two options here - short on the breakout of the 0.5 level or buy into the breakout of the 0.618 resistance. My bias here would be bullish.
Let me know what you think!
We have two options here - short on the breakout of the 0.5 level or buy into the breakout of the 0.618 resistance. My bias here would be bullish.
Let me know what you think!