Prices put in a Shooting Star candlestick below resistance in the 1.3892-1.3911 area, marked by the December 27 high and the 38.2% Fibonacci expansion. The barrier is further reinforced by a rising channel top. Support is in the 1.3800-31 region, a former double top, with a slide back ...
As things stand on the daily timeframe, a candlestick close above 191.400 would see a morning star candlestick pattern form which hints at further upside. There are some serious hurdles ahead that the pair will need to overcome as price is currently testing the 200...