After a strong bullish move, expecting some major correction. Even though there are a lot of speculations that the pair might climb higher, i believe we should see a decent retrace to the 102 - 100.5 area, before any more bullish moves. The daily chart shows a MACD cross downwards which is a very strong bearish indication.
the weekly chart is also revealing a bearish candle, after such a bullish move, it looks like we may have come to a temporary top.
the weekly chart is also revealing a bearish candle, after such a bullish move, it looks like we may have come to a temporary top.