The pair is trading @ 1.3965; yesterday it went down to 1.3820 area, and then up to 1.3980 area; during the night there was a small retracement, but now it is checking 1.3980 again; It is a difficult market...anyway the pair looks Bullish and if 1.4000 area will be tested and broke, I would say the pair will fly to 1.43 maybe today; considering H4 chart, the EMA have been crossed; RSI is @ 55, so enough space to support the rate up; the stochastic is also in bullish formation; or probably this is just a strange retracement and the pair will follow down; after all we are seeing lower high and lower low...
for today I do not have a trading plan; I Will wait a less difficult market;
have a good day
:D
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