At the time of us publishing this post the price is fluctuating around 138.6-7 level. What can we expect from this pair? Well, as of right now, we're moving towards the big psychological and technical resistance level of 140. Round numbers are usually tough to overcome as we can see from previous peak, but not impossible. If EJ manages that push, we can buy the retest from 140 level and further up. Entering the trade right now is not advisable, simply due to the fact that we don't have a strong support below us. The one at 138 is the closest line to resemble a support zone, however, in reality if that was put to the test it would crumble like Amber Heard's accusations. Furthermore, if we drop to 136.5-137 the sentiment would be completely shifted and we'll have to adjust our planning.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.