After gapping down 120 pip last Monday, the bulls launched a counter attack when the price hit the major daily trendline and pushed the price up to 143.5x. Even though a lower high appears to be forming on the H4 chart, it is too early to determine the real direction as the price is still in sideway mode.Thus, trade with care and keep the stops tight.
Below is the H4 chart as of 9 am Malaysia.
Below is the H4 chart as of 9 am Malaysia.
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