The pa
ir is still positively protected above 23.6% Fibonacci level of XA leg for a suggested harmonic [BAT] pattern over short term basis, seen on the provided four-hour chart.Thus, a potential CD leg pattern is under construction for the time being, targeting 147.40 zones; thereby, the intraday outlook is to the upside. A break of 145.50 will accelerate the highly predicted bullishness.
Trading range for today is among key support at 140.00 and key resistance at 150.60.
The general trend is to the downside as far as 167.40 remains intact with target at 116.00.
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IWAN CAHYO SURYADI, "The Trend is Your Friend"
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