the pair was rejected at 114.500 after forming a Head and Shoulders Formation in which price dropped down to 111.628 which is 50% on the Fibonacci Retracement Tool.
the long term outlook for this pair is Long and looking at Topping out at 114.500.
I have identified a 112.000 entry with a 111.400 Stop Loss and 113.400 Take Profit
the long term outlook for this pair is Long and looking at Topping out at 114.500.
I have identified a 112.000 entry with a 111.400 Stop Loss and 113.400 Take Profit