Clear break and retest of a new founder ressiatnce to countinue the shift of the momentum towards the downside. my Short targets come to around 132.700. risking 7 pps to gain 100. Please manage your postions when meeting the first support. HAPPY TRADING.
Trade closed: stop reached:
STOP PROFIT WAS HIT. Price had retraced 12 pips which after 10 pips i move to risk free. Shift of momentum towards the upside now. Price has broke through a 4 hour Resistance before retesting as a new support.