We have had a nice rejection of the monthly trendline and also a full bodied bullish candle on the Daily. We have seen higher highs and higher lows.
We saw a break of the trend from the NFP announcement and now we have broke back above the highlighted zone showing price still wants to push higher. I am looking for a retest of the zone and then i will be looking to get in on a buy.
I will be placing my Sl below my daily trendline (not shown on the chart) and i have an intraday target of around 50 pips towards the trendline and daily resistance and a swing target of 400 pips.
We saw a break of the trend from the NFP announcement and now we have broke back above the highlighted zone showing price still wants to push higher. I am looking for a retest of the zone and then i will be looking to get in on a buy.
I will be placing my Sl below my daily trendline (not shown on the chart) and i have an intraday target of around 50 pips towards the trendline and daily resistance and a swing target of 400 pips.