Price broke out to the upside when the market closed on Friday. Here I see on the 4 hour a break of its downtrend line & a retest @ supply zone / 50 fibonacci level. Will watch how price action plays out when the market opens. Not rushing into this one just yet but will be waiting for more confirmation during the first fews days to see how price action plays out. Definitely on my watch list for this week along with GBP & NZD pairs which finished out the strongest ending last week.
Trade with care!
Trade with care!
Note
Note
booming on a Monday.. For all of you who viewed but didn't take action sorry but you missed out.. My overall target Is 1.50 area resistanceNote
90 pips now & counting : )
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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.