Price was moving in a downtrend and it still is in one.
But I think we can retrace more to the upside atleast we can see price touching 1.3327 . It has made some moves High recently breaking some minor structure hoping some higher prices to be met.
Entry should be around 1.2724
Target is 1.3327
Sl is 1.2523 just below the current demand zone
The RR is around 1:3.
This is also a high Risk Setup .
But I think we can retrace more to the upside atleast we can see price touching 1.3327 . It has made some moves High recently breaking some minor structure hoping some higher prices to be met.
Entry should be around 1.2724
Target is 1.3327
Sl is 1.2523 just below the current demand zone
The RR is around 1:3.
This is also a high Risk Setup .