Timeframe: Day
Short Term Trend: Up
Price has been gaining some strength in the last week and half. I am looking for the price to break the support (1.0540 level) that it's trading at, retest, and move higher before placing a long. If price gets rejected at that support level (1.0540 level) or fails to hold at that level than i will be looking for a short to the 1.0425 level.
Short Term Trend: Up
Price has been gaining some strength in the last week and half. I am looking for the price to break the support (1.0540 level) that it's trading at, retest, and move higher before placing a long. If price gets rejected at that support level (1.0540 level) or fails to hold at that level than i will be looking for a short to the 1.0425 level.
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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.