By Peter Stoneham — Feb 15 - 03:46 AM
Bulls again gaining traction for a run above 1.40
New trend high and a test of the 1.3915 daily channel to
Price also climbing clear of the 1.3872 monthly cloud top
Little major resistance until 1.4142 100MMA and the 1.4377 April 2018 hig
Big 50% Fibo level off 1.7192-1.1423 Jul 2014-Mar-2020 is at 1.4303
Buy on dips strategy in play but we stand side for now.
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Source:
Refinitiv IFR Research/Market Commentary