If you zoom out onto the Daily chart you will see that 1.80 level had some importance in the past. Price has pulled off the Daily Resistance very fast and now looking for a decent rotation off the 1.80 level.
Look for some sort of sign from the market before just aggressively buying up the 1.80. Maybe a double bottom, RSI divergence, bullish candlestick pattern, higher high higher close, advanced pattern, etc.. Just make sure you are following your trading rules!
Best of Luck
Look for some sort of sign from the market before just aggressively buying up the 1.80. Maybe a double bottom, RSI divergence, bullish candlestick pattern, higher high higher close, advanced pattern, etc.. Just make sure you are following your trading rules!
Best of Luck