We see price retreat down to our 15m trend line.
We are looking for the reversal off this trend line before we can get into our position.
Price is also hovering around the 50 SMA which gives me reason to believe that we could see a reversal here.
I am going to be waiting for the SMA cross for this one before jumping in.
Remember always stick to your plan!
Also there is no major data to be released from both countries now for the rest of the day so we should see price react accordingly.
We are looking for the reversal off this trend line before we can get into our position.
Price is also hovering around the 50 SMA which gives me reason to believe that we could see a reversal here.
I am going to be waiting for the SMA cross for this one before jumping in.
Remember always stick to your plan!
Also there is no major data to be released from both countries now for the rest of the day so we should see price react accordingly.