bounce off strong support, should be looking at a reversal back to previous strong resistances. Now just a case of plotting a good buy In area and executing the trade. keep it simple!
Comment:
the trade seems to be finding a resistance at 1.10238, trade entered on the downside to find our way back to next support but still looking long term at a recovery, unless lower lows are made clear.
Comment:
trade on downside ended up working well as the resistance was a lot stronger than I had expected
Comment:
didn't enter long trade!