Hello traders well very interesting pair to look at as I am bearish on this we can see this burst to the upside. There is several things I like as we are approaching the R1 pivot that is nice resistance. So when we get there we can look for a bearish candle with conformation and sell this at the price of 1.5925. I am looking for a nice ride to the downside and will look to tale profit at support of the daily pivot point at 1.5725.
Traders today we have a large amount of data throughout our trading day all into the US session so plenty of opportunities to make some profits.
Traders thanks for being here and we will talk soon……William