Possible short retracement for this ccy pair before continuing its bullish trend.
I would say it is a bullish trend because currently it is in an upward channel as seen on the 4H timeframe.
If we choose to enter a long position now, possible to see a nice 2+ RR. Else can wait for the retracement to end to enter the market.
I would say it is a bullish trend because currently it is in an upward channel as seen on the 4H timeframe.
If we choose to enter a long position now, possible to see a nice 2+ RR. Else can wait for the retracement to end to enter the market.