- Previous week showed us a lot of bullish momentum
- Price closed above a major weekly support level @1.9105
- Hence, more bullish momentum was expected this week, and we are getting that
- It retested a major daily region @1.9200 and formed a candlestick that closed above it.
- Price has retested that same level today and shown a lot of bullish momentum.
- I am waiting to buy. If I am to buy the pair, I will wait for price to test 1.9200 and form a bullish setup on smaller timeframes.
- My targets are: TP1 - 1.9260 and TP2 - 1.9290
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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.