Choppy situation.
Price above 200 SMA - what give us bullish view on this pair. Reaction from psychological level 0.96, we didn't see clear close above this barrier. Reaction from dynamic TL. Price closed inside the triangle.
Clear close above 0.96 and we go to 1.0 or price close below dynamic trend line and we go to 200SMA.
Price above 200 SMA - what give us bullish view on this pair. Reaction from psychological level 0.96, we didn't see clear close above this barrier. Reaction from dynamic TL. Price closed inside the triangle.
Clear close above 0.96 and we go to 1.0 or price close below dynamic trend line and we go to 200SMA.
Comment:
Weekly candle closed below, direction occurred, reaction from dynamic TL will show us better view on daily time-frame.
