As always we always look left when planning a trade. To the left is a clean candle so if price can break to around 120.500 that would be my entry to plan to go up to 120.550, which could then possibly lead to 120.600-120.620.
previously that purple box was our support line, this pair broke the support line and now purple box area is our resistant line, week ahead we may see more down trend. Trade with correct risk management... our goal is to become profitable trader. Do all the possible analysis before you place any trade and its about finding the best entry point. Good luck traders !!