Pennies, I also have been looking at the e/u as my favorite pick to sell here based on the daily chart pattern. But I would like to see the TD rsi get a little higher here, signaling a blow of kinf of mid term top.
May take your trade tho on the fmc. Also like your 88.5 bottom on the a/u May exit at that point & swap into the e/u Waiting to see how the timing works out.
Ok, well it does look like A/U is possibly close to a good reversal......so maybe next week can offer some substantial pips on it. I'm long now but have a tight stop at 89.5 and am not looking for the big reversal yet, just 20 pips or so.
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