Trade Scenario 1: Bullish - For us to go long we want to see price retrace back to our supporting trendline around 1.1935. We will then wait for price to find support and enter on strong bullish setups, first targeting 1.1980
Trade Scenario 2: Bearish - For us to go short we need to see price break below 1.1930. We will then wait for a retrace and for 1.1930 to act as resistance.
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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.