Short Term Bullish Set Up

The pair is currently on the S1 support line.

Expecting the pair to test the lower bound of the T1 trend line and retest to the PH level (@1.05391)

Overall i maintain a bearish bias on the chart as the EMA,200 > EMA,50 > EMA,13, but for the coming week i expect significant pullback before it continues the bearish move.

In conclusion
Entry: 1.0487
S/L: 1.0470
T/P 1: 1.05211
T/P 2: 1.05391 (@PH)

Trade closed: target reached