Chart has developed clear support and resistance levels to work off now. From what I can see, support at 1.66 from Thur/Fri intraday lows, and resistance at 1.73 from Thr/fri intraday highs The Fibonacci -23.6% level at 1.66 has held keeping the retrace shallow and resumption of uptrend that mush more likely A few channels have been in play but we are now 2 days outside of main uptrend channel that commenced 4/1 In the absence of news next week, do we go sideways ranging between 1.66 - 1.73, or move higher into the 'handle' of a 'cup n handle' pattern. Or possibly new high on a great announcement. If the sp retraces lower its more than likely opportunistic manipulation imo.
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