Wait for breakout for intraday trade setup..

Price action is currently pulling back to resistance zone , short term upside is supported by ascending trendline , for current intraday setup we would like to wait for breakout ,

Long setup : if price manages to break above horizontal resistance , then long on retest of resistance becoming support.

Short Setup : Sell on break below trendline towards current support.

In these articles we post intraday possible outcomes of pairs based on naked trading setup only .. We do not take into account fundamental news which may move pair significantly in any direction , follow your trading plan .

Follow us for more updates....