This is a counter trend suggestion. If already long, that is the safest position. Winks call this week was buying the rising wedge support.
if looking to enter, the chart is suggesting intersesting times ahead if USD buying returns. Entering long now looks riskier than entering short is what the chart tells me.
I don;t call 0.94 a massive drop but would be some handy pips, but failing back to 0.86 (a long term support) would be a skock to many, but not the chart.Next time 1.00 fails might be interesting is what I am suggesting.
Remember the weakest player at the moment is the USD, but daily suggests it could be about to turn. Be on your toes a bit more than usual.
Changed sentiment to none - it is countertrend.
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