So price rejected nicely off the monthly key level pushing lower and also breaking the ascending trendline. Price should give us a pull back to the 1.03550 zone before another downswing.
Good risk to reward - Pontential 80 PIPS trade.
Simple trade set up - We had a break of the trend-line last week and price has been on a downtrend. Price has found support at the 1.00100 level. Price should give us a pull back to the 1.00800 level before giving us another impulsive move to the downside.
Potential 70 pip trade