is an overall bullish trend
, which retraced until it reached a very strong support at the level of 110.170 and bounced back with confluence and its currently heading to resistance level
of 115.373, place where I will place my TP. Due to the strong Buying force the dollar has gained my SL will be placed at 111.439 as I believe it will only start to apply the 50% retracement
rule once it has reached 112.685.