Following up on yesterday´s post.
Choppy price action has provided some footing towards the 1.2790´s area, which is beign breached as I´m writing this post. Furthermore, price is being traded at 1.2803 POC
As written yesterday
Alternatively -following last week´s move- I am switching my stance towards “neutral”/long. The reason for not adopting a full upward trend is that 1.2800´s have not been fully breached and last week for sellers to mantain pressure…..
Thus, a clean and sustained break above 1.2790´s as a key price point for further upside.
Price action is indicating higher value areas will be revisited.
1.2929 as the first logical spot in which I would expect some selling to take place, at least briefly and slightly.
Below, are the next areas I´ll be watching to the upside.