daily close- higher high higher close. looking for trend continuation long
4H chart - 1.1390 round number to see if possibly to hold as support before entering long. looking for bullish engulfing candlestick, pin bar reversal or false break of this level before going long. 4H RSI divergence present and most likely for price to pull back to around support zone. If price falls through floor. will do nothing. Definitely on watch list
v poor NPF read therefore possibly dollar weakness. Would like to see into next week Italian production improve, so EUR could potentially pick back up
SL: 1.1245
TP: 1.14075
RR 1:1.5
4H chart - 1.1390 round number to see if possibly to hold as support before entering long. looking for bullish engulfing candlestick, pin bar reversal or false break of this level before going long. 4H RSI divergence present and most likely for price to pull back to around support zone. If price falls through floor. will do nothing. Definitely on watch list
v poor NPF read therefore possibly dollar weakness. Would like to see into next week Italian production improve, so EUR could potentially pick back up
SL: 1.1245
TP: 1.14075
RR 1:1.5
TP: 1.14075