Hello traders have a trade in the making on this pair. As we can observe from the daily chart, the price broke the structure level and also retested it. It appears that the price will further go up and bounce of the trendline where a possible ab=cd pattern could potentially be completed. Also on the 4 hour chart we can see that the price formed a bullish flag and the completion of the flag is in the same area as the completion of the ab=cd pattern as well as the trendline above. Any short on this pair can be considered from70.7-71 level targeting atleast the 0.6600 level with a break of trendline as the stop for this trade
Comment:
closed with 300+ pips