Price is currently moving within an ascending channel which has potential to move higher to create a 3rd touch of the channel at the physcological level of 1.119 before the bearish run starts.
If price is unable to break above 1.0935 then I will look for a short entry to 1.04 range.
Follow your trading plan and be patient.
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Trade Safe
If price is unable to break above 1.0935 then I will look for a short entry to 1.04 range.
Follow your trading plan and be patient.
Share your opinion on this pair by leaving a comment!
Thanks
Trade Safe