The pair continued to extend lower and breached below 86.80 which I was expecting to hold. Although in medium term perspective the structure has not changed so I will remain to stay long in this pair.
In short term prices are likely to extend further weakness towards 81.40 ahead of resuming the underlying uptrend in coming weeks.
In short term prices are likely to extend further weakness towards 81.40 ahead of resuming the underlying uptrend in coming weeks.
