- Market pushed all the way up to the 2 standard deviation channel drawn on this chart. - We have a descending trendline that could act as resistance at around 1.3010. - We have previous swing high at 1.3022 that could cap the upside potential.
Target: for the trade is the median line from the 2 SD deviation channel, and the bottom of it. Stop: If market can get above 1.3022, and worst close above it, just run for the hills as this could spark an end of year very bullish move.