Hello my dear friends,
Currency this currency pair sets on a support level and showing a bearish momentum withdrawing which suggests that prices would bounces into higher levels and I'm more biased toward that scenario, and we would target the next resistance levels accordingly..
Of course as with any trade you should always be prepared for any alternative scenario to break even your losses so you can always have risk-free trades!
Going below the support would get us into contrary trade, but don't rush into that, breaking levels must be with momentum, anyway if that happened, I'll update this idea.
Good luck and to be updated..
Currency this currency pair sets on a support level and showing a bearish momentum withdrawing which suggests that prices would bounces into higher levels and I'm more biased toward that scenario, and we would target the next resistance levels accordingly..
Of course as with any trade you should always be prepared for any alternative scenario to break even your losses so you can always have risk-free trades!
Going below the support would get us into contrary trade, but don't rush into that, breaking levels must be with momentum, anyway if that happened, I'll update this idea.
Good luck and to be updated..