There is a trend line from the lows which will act as support if the pair reaches the Buy zone . I want to see the price reaching this buy zone first of all, ideally creating bullish divergence.
Next step is to wait for a breakout above the most recent down trend line.
Target 1 – 1.6650.
Target 2 – 1.6900.
Stop Loss – below last low and closest support zone.
Next step is to wait for a breakout above the most recent down trend line.
Target 1 – 1.6650.
Target 2 – 1.6900.
Stop Loss – below last low and closest support zone.
