Excellent analysis. I'm also expecting bulls to try and force a higher high for the week by retesting the weekly pivot. 12763-79 area should be a very solid bull fence though, so I find it likely that the price will reverse somewhere around this ...
Hi all, new trader here — I've started trading EURUSD last week. My trading system automatically defines all entries/exits, so there's no room for me to try predicting what the price will do next, but I'm enjoying learning TA anyways. In that ...