I'm seeing a strong push to the upside on this pair with the next significant level being around 1.99800 so there's a lot of potential for a trend continuation. H4 & H1 uptrend with clear higher highs and higher lows structure forming. Price has pulled back once already on the H1 and bounced away and looks to be coming back again to re-test our zone. Dropping down to the 15min I will be waiting for price to dip further into our zone, and will be waiting for signs of bearish momentum to deplete and form some sort of bullish candlestick or rejection within our zone. If this happens I will jumping into a buy position with stop just below the zone and targets at next significant level for a 1:3 RRR . Have a great weekend & safe trading!
Chart PatternsSupport and ResistanceTrend Analysis

Penafian