The pair is correcting lower, after hitting a new year high at 68.67. The pair has great chances of rebounding if there's an attack to the support at 67.85. The bands of Bollinger show a 120 pips volatility in the hour, while the one hour candles RSI is on neutral ground. The stochastic shows the pair could give selling signals.The next resistance is at 68.67.
Join the Discussion