As you can see we have a 4hr trend which we took advantage of the break here and waited for the retest of this trend before the drop which played lovely.
Now we have this long bullish trend line which is on it's 3rd touch and also crosses a nice daily support here of 104.645. Not too wide of a SL as we know anything can happen but we should see some nice upward momentum in this pair now.
Now we have this long bullish trend line which is on it's 3rd touch and also crosses a nice daily support here of 104.645. Not too wide of a SL as we know anything can happen but we should see some nice upward momentum in this pair now.