Price founded its strong support at 1.6465 and starting to rebound again to resume its bullish move to the monthly open 1.6686.
Confluences:
1-Primary trend (Structure) is upward at Daily chart .
2-Double bottom in liquidity area at 4H chart.
3-Price was moving above EMA 200 at Daily chart.
Confluences:
1-Primary trend (Structure) is upward at Daily chart .
2-Double bottom in liquidity area at 4H chart.
3-Price was moving above EMA 200 at Daily chart.
Trade active:
Trade active:
The price has been moved 150 Pips after our analysis , so congratulations for winners.
Comment:
Trade closed: target reached:
The identified target 1.6686 has been achieved , congratulations for all winners.