Bullish trade idea based on trend 60-89 pips
My pivot point is at 1.9291.
My preference
The upside prevails as long as 1.9291 is support.
Alternative scenario
The downside breakout of 1.9291 would call for 1.9242 and 1.9213.
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.9318 and 1.9304).
Supports and resistances
1.9478
1.9449
1.9420
1.9391
1.9331 last
1.9310
1.9291
1.9242
1.9213
My preference
The upside prevails as long as 1.9291 is support.
Alternative scenario
The downside breakout of 1.9291 would call for 1.9242 and 1.9213.
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.9318 and 1.9304).
Supports and resistances
1.9478
1.9449
1.9420
1.9391
1.9331 last
1.9310
1.9291
1.9242
1.9213
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