Good Morning Traders. All indicators are bearish on the chart with the upper trendline having acted as resistance twice and price seems to break through the the 69.55 level. I do not consider this to be a strong level and with no immediate strong support level on the daily chart I willing to place a long term trade on this pair.
On chart the next strong level is around 66.34 , a price level we last saw in May.
On chart the next strong level is around 66.34 , a price level we last saw in May.