Daily chart gave us clear falling wedge. It's resistance line looks broken. We are seeing potential upward movement on this pair.
We will be looking at lower timeframes (1H) and see if this resistance line becomes support.
In this case, nice long is coming with first TP in R1 area on 0.985 and second TP on R2 area 0.9015.
Good luck!
We will be looking at lower timeframes (1H) and see if this resistance line becomes support.
In this case, nice long is coming with first TP in R1 area on 0.985 and second TP on R2 area 0.9015.
Good luck!
Order cancelled:
Price broken the trendline and went back into bearish mode.