Price got higher high on Friday and jumped over the wave 5 of last impulse move. So I would like to buy on correction between 0.236 and 0.382 Fib Retracement or around 1.21250. And targets is 1.222 as February high and medium resistance level. And monthly target is 1.23 as Jan '21 high. Seems like wave 1, so wave 2 will slightly dump the price to .618-.382 of Fib Retracement and then we'll get a great 3rd wave. This all supported by bunch of news for USD this week and forecast for them are not good at all. GL & HF
Trade closed: target reached:
We hit 1.222, you can fix your profit. Correction was deeper, but idea was buying from 1.21250-500, so you could do this as me.