A pair i will be keeping an eye on this week.
As you can see from the daily time frame this pair is in a bearish trend, I will be watching to see if price will break through the previous support and then act as resistance which will hopefully coincide with the 3rd touch of the trend line.
Updates to follow.
Looking at this chart on the daily time frame you can see it has had the 3rd touch and price has already moved 50pips. I still expect price to go even lower here and will be entering a live sell when markets open.
SL 1.53000 (35pips)
TP1 1.50650 (200pips)
3rd touch on the bearish trend line which also coincides with the daily support/ resistance level (in this case resistance).
I am entering a sell position and hoping for price to reach the 0.88992 area