This is one of the high probability trades i'll be looking to take this week, looking from the Monthly i see it has bottomed out and even if it has to continue it's bearish move it has to retrace back to previous support now turned resistance.
On the Weekly the market closed bullish after it broke Weekly Resistance now turned Support,
Now Looking at the Daily i see Weekly Support is also valid on the Daily TF, so i expect a proper retest of Support which will be my final confirmation of going long on this pair in which my TP will be @1.3435
On the Weekly the market closed bullish after it broke Weekly Resistance now turned Support,
Now Looking at the Daily i see Weekly Support is also valid on the Daily TF, so i expect a proper retest of Support which will be my final confirmation of going long on this pair in which my TP will be @1.3435