The price reversal zone on this pair is between 1.0742 & 1.0758
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 1.0695
Stop loss would be placed above X leg .
Target 1 - 1.0720
Target 2 - 1.0707
I hope your week is going well.
I guess the banks watch out strong the 200 EMA line.
For me personally I don't focus on banks, funds or independent traders, If the strategy you implement is well backtested and has an edge over the market then that's all you need.