Price has been respecting its 4 hour bullish trend line.
We have had two selling off phases which have resulted in another leg higher.
Providing this trend line is not broken, we can look to trade this pair to the key level of 118.55 which was the last turning point on the Daily Chart.
This is a case of follow the trend.
1% risk and 4% return.
We have had two selling off phases which have resulted in another leg higher.
Providing this trend line is not broken, we can look to trade this pair to the key level of 118.55 which was the last turning point on the Daily Chart.
This is a case of follow the trend.
1% risk and 4% return.