Trade Scenario 1: Bullish - For us to go long we want to see price break above 1.1775. We will then wait for price retrace and find support around 1.1775. We will then enter on strong bullish setups, first targeting previous highs around 1.1800
Trade Scenario 2: Bearish - For us to go short we want to see price break below 1.1760. We will then wait for a retrace and for 1.1760 to flip as resistance. Enter on strong bearish setups, first targeting 1.1740
Trade Scenario 2: Bearish - For us to go short we want to see price break below 1.1760. We will then wait for a retrace and for 1.1760 to flip as resistance. Enter on strong bearish setups, first targeting 1.1740