This pair has been on my watch list for a while since it entered the cloud. It's attempted some small breakouts, but nothing worth an entry yet. All of our signs are bullish but I want to see a breakout of the strong resistance level at 1.6910 to enter a buy. If we get that breakout, I will target the previous high 1.7126 As always I will only 1-3% of my capital. If any of these bullish signs reverse I will exit the trade if I'm in it, or wait to enter if I haven't.
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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.