The pair hit the 1.23 twice, however the retracement wasn't hard enough. The pair is gaining momentum, shown by the increase in the bb width
, furthermore the pair seems to be trending higer, therefore I think there's a high likelihood of a breakout.
Furthermore the 10 SMA
crossover with the 100 SMA
, signalling a change in momentum.
Chance to go long whenever the pair hits the support line.
I went long