Month support held at the 1.15500 level. Previous month closed bullish showing bearish momentum from April has began to slow. Price currently heading back lower towards the named support level closing the week candle bearish as expected. Looking for price to hold the 1.15500 level before entering long with an initial target of 1.17100.
1.5RR Trade
Stop 1.14700
Target 1.17100
1.5RR Trade
Stop 1.14700
Target 1.17100
Trade active
Trade closed: stop reached