Price has created a rising channel where the candles have respected the support trendline as well as the horizontal support line. (confluence)
Price is also starting to form a morning star at support.
The DXY is also gaining strength.
Here is the play I will be taking on this pair:
Entry = 1.35700
Stop Loss = 1.35400
Take Profit = 1.37000
Price is also starting to form a morning star at support.
The DXY is also gaining strength.
Here is the play I will be taking on this pair:
Entry = 1.35700
Stop Loss = 1.35400
Take Profit = 1.37000