This pair was moving sideways in consolidation until the Euro news from last week. Barring any news that could move this pair to the downside, I am expecting this trend to continue. We've had a kumo breakout and now it has fallen to support, but remains bullish overall on this time frame. I am looking for a buy entry and targeting a previous high of .8929 as my TP level.
If any of our bullish confirmation signs change, it may invalidate this trade.
If any of our bullish confirmation signs change, it may invalidate this trade.