Price looks to have found strong support around the 1.60000 level. price has rallied to the upside breaking the trend line
and showing a BRC
of the trend line
on 4hr time frame. price has now crossed above the 200ema witch is another bullish
confluence. My other entry criteria has been triggered which has given me my entry for this trade. My stops are below the retest swing and targets at the 2nd touch of the trend line
which is in confluence with my key resistance level
. Lets see how this one plays out.