There was a bull breakout that may lead to a rising wedge. The triple top area around 1.1810 is expected to attract some supply. Currently, the 61.80% retracement level of the previous bearish leg is hit and a rising wedge structure breakdown might provide a chance to take profit around 1.1720.
Comment:
Partial profit +50 pip
Trade closed: target reached:
+400 pips
