Looking at this pair to do one of two things. Break out above 122.12 to confirm the daily and weekly trend change and trigger a long trade. If that happens targets will be at the top of the diagonal resistance above @ 132.
If that plan does not follow through there could be one more leg down to retest support @ 118.25 where we would re-evaluate
If that plan does not follow through there could be one more leg down to retest support @ 118.25 where we would re-evaluate
Trade active
Long entry triggered on the 14th currently up 100 pips. Stop in profit and trailing for a guaranteed winner. Less is more
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.