EURUSD

As price approaches the xmas high, the momentum study on the 24pip range bar chart and distance from its ichimoku cloud, continue to argue for a rest. Of course, this 1.3892 zone will have a significant source of demand and supply around it, and a pop and drop is probably on the cards. I have been fading this move up since yesterday evening, so any drop to the daily pivot or better still S1, will be a great way to the end the week. But, and a very big but, the market decides where it is going and my hoping (regardless of technical analysis) for the pull back is just that (hope) until it happens. Catch up later.