Looking like we have a long position forming. On the daily time frame we can see a long flag pattern
forming. We could potentialy see a bearish
movement to a key support level
of around 1.0800 but unlikely to break that. Ill be watching carefully around the 1.1000 area where we see the TL to ensure we dont see a bounce. We almost have a 2:1 risk reward on this trade so I am entering my long position around 1.0895.