On this pair we have a lovely double bottom forming on the daily time frame (D1). We have had various pushes to try and break below 0.911 which have been rejected. We also have a falling wedge forming on the hourly timeframe (H1). For me to enter this pair I would like to see a clear breakout of the falling wedge. We may have a slight bit of pull back on this pair to retest the lows.
Comment:
Waiting for some pull back on this trade before going long.