Evidence of Institutional demand at 1.3500
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Note the high volume demand and subsequent price move from 1.3500. Also note the lack of volume above this level during the up move. This is due to the market maker withdrawing liquidity in response to large volume demand. Expect 1.3480 - 1.3500 to be defended and look for opportunities to buy here. It has already been challenged and sharply rejected.
Nota
TP 1 @ 1.3600 for partial profit and move stop to entryNota
TP 2 @ 1.3640Nota
TP1 hit - stops to b/e
Penafian
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