Weekly rejection of psychological level of 1.87500
3rd touch of daily ascending TL
After 9 continuous bearish days for GA, a pullback to the upside is needed - price is stalling around CMP
LH on the 4hr downtrend has been breached and broken, and price is currently retesting this area to make it a support level.
SL is at a previous support around 50 Pips
TP is at...
If there is a clear break above 141.300 (daily level), then we can see this pair flying up to April high's around the 147.000 level.
Weekly time frame is showing a Head and Shoulder formation.
SL: 139.000 (below monthly level)
TP1: 143.800 (+300 PIPS)
TP2 (upon breaking above TP 1 level): 146.500 (+260 PIPS)
TP3: (upon breaking above TP 2 level) 149.000 (+240...