The flag like pattern is easy to see on the above h4 chart. The market fell and bounced of the support from this formation a few minutes ago.
The Daily Pivot is at 1.3660 and resistance from the 5e of the highs on the h4 chart is at 1.3683
The 62% retrace of the last range is also at 1.3660.
The high of the overnight range is at 1.3705 and thats probably where the market is headed.
Nothing done by me as yet.
We had some trouble at home last night. An armed robbery, so I am not in the best place this morning.
Be careful
David
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