After a major drop on EN, we can see price bottoming out. I favor an upside move before potentially continuing further down. However, a break and Daily close above our TP2 could see this pair move further up to the 1.70500 range. For now, I hold onto my corrective bias. @earnwithwern
Comment
⋅
As indicated, a closure above 1.67500 would have given as an opportunity to potentially long. Now awaiting 1.67000 retest before looking for a short instead. Dual-bias are always interesting. Always remember in a case like this, wait for price action before taking any entry as the risk is too big.