Given the latest USDOLLAR bearish trend, this pair seems like ready to move up again.
I'm already long on this one with half position size.
Scenario A : the pair move up right away --> I'll buy the other half on the breakout of the 1.12 level.
Scenario B : the pair down to retest the bottom of the current channel. I'll then buy the other half around the 1.111 level.
Stop losses are at 1.107.
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