Still waiting for price to fall down to 1.0330,
we are currently at a minor 618 so let’s see if we get resistance at this level
for a stab lower. We will be looking for long opportunities circa 618/786. Else
a rally and a break of 1.0414 will give us a new AB swing.
Will be going long if:
We need a deeper retracement before buying. Stand aside for
now.
Will be going short if:
Even though we are expecting price to fall down to 1.0330,
we have no short setups at present , stand aside.
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