Failure to penetrate previous resistance at 1.5230 yesterday and the subsequent retreat from 1.5227 suggest caution on our long position entered at 1.5150 and 1.5115 must hold to retain bullishness for another rebound to the Kijun-Sen (now at 1.5170), break there would suggest the pullback from 1.5227 has possibly ended.
View full post on Forex Trading Ideas