(CLICK ON THE CHART TO ENLARGE IT)# Dailies favour a bearish trend but not without a short-term bullish correction of the 200-pip bearish move last friday March 28th, possibly to 1.9970/2.0000 price zone.
# This bullish correction is quite clear on the 30-minute chart, again up to 2.0000 which is the 62EMA (1.9992 to be exact) and the 38% fibo of up move 1.9380 to 2.0397.
So my points are:
## SELL failure 1.9970 with STOP 2.0015 and LIMIT 1.9875 (Aggressive strategy)
## SELL consistent break 1.9875 with STOP 1.9920 and LIMITS 1.9765, 1.9720, 1.9600 and 1.9485.
