Since dec 4 whenever the price came close to 2.23 area it has reversed from here. So this looks like a good support zone . We could give a try to grab some quick pips. I am also seeing the divergence on Fisher and Stoch .
Trade entry details on chart
closed at 2.2420, if given chance will re enter later
I am a Chart Slave.Thank you TradingView and @nmike.
hey buddy i sold this pair earlier but to add to you idea. the daily 200MA is at 2.231 and that is also the level of a long bullish channel. I am waiting for a retest and yeh i like the buy there just hope for weak dairy auction tomorrow. Good luck buddy