This has been on currency pair on my watchlist as i awaited a clear break and retest of the Daily EMA and 121.00 psychological level.
I will be updating this post over the next couple of weeks on the 4hr and 1hr TF.
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Weekly Outlook
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I need to see a clear break and retest on the 1hr TF
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The market ended the week with a break and close below the 1hr EMA. I will be expecting a push lower into Monday where we will look to take this pair short.
Trade active
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I am still short on this pair, expecting a pullback to 118.00
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This pair has been one we had open for nearly 2 weeks, however we have taken profit on this pair.
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I am expecting a pullback on this pair into this week before another push lower late this week / early next week.
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