84.5 Strong support area + small RSI divergence + room for the price to go up
Enter now or wait for confirmation on lower timeframe. Stop above 0.93 Target 0.9051
Entry on previous high's and daily R1 level. Target +30 pips
This is a classic range trade Strong support area (108). Stop below 107 Take profit around 110 (and/or around 112 for a longer term trade) You can enter now if you are targeting 112 and you don't want to miss the trade Otherwise enter at 108.5 or lower
Reasons for trade: 1.40 level Resistance level Good entry with room for profit
Reasons for going LONG: Upward trend channel -> higher highs and higher lows Entry on trendline Round number as support 61.8 Fib Level
This is a range trade based on a strong support level (1.085 area. See daily chart) and a 15m-4H timeframeprice action as a confirmation for a reversal.