Apologies the chart looks a bit squashed but its easier to see everything on the daily
We can see price has reached its daily resistance and been rejected
We can also see price has tried to retest a broken support level
Now we are looking for structure to be broken / bounce off a fibo level and a short down to the 127.0 fibo level
Another nice and easy trade this. This pair is on a bullish run and we have seen a nice pullback followed by a bullish engulfing candle which suggest trend continouation of a bullish run. I have gone long on this and marked tp and sl for you as well.
Let me know your thought. Trade safe and good luck.