Daily chart, buy from support zone which sits around 122.530 and 122.570. Target for this trade is up to resistance trend line. Market currently on a downtrend for a bounce of Support that has numerous touches making it very strong reversal point for the market. This trade will last minimum half a month and can go on for a few months. Look after your free margin, unless you only trade this. If you have multiple trades then it’s best to cut them down to a few depending on your balance.
Potential trade between 340pips-280pips. Depending on when the market reaches the target zone.