Price has broken out of the resistance area of a long term downward channel at a major support area.
It has tested the same area as support and has currently been holding showing a very promising hammer candle.
Here is the play I will be taking on this pair:
P =0.69465
SL = 0.68865- 60 PIPS
TP = 0.70889 - 141 PIPS
It has tested the same area as support and has currently been holding showing a very promising hammer candle.
Here is the play I will be taking on this pair:
P =0.69465
SL = 0.68865- 60 PIPS
TP = 0.70889 - 141 PIPS
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.