bullish trending market, current move is the retracement.
strong bearish momentum likely to continue after breaking through current 110.000 support. bearish pin bar at support indicates push-back but sellers still in control. target 109.500.
no strong fundamentals regarding either currency till mid-day tuesday.
strong bearish momentum likely to continue after breaking through current 110.000 support. bearish pin bar at support indicates push-back but sellers still in control. target 109.500.
no strong fundamentals regarding either currency till mid-day tuesday.
Comment:
enter now, set sl to previous low swing. first tp slightly above current low, possibility to scale second tp 109.600 if push bearish push is strong enough