I feel good about this trade. Price should touch resistance level 1.0945 and it is very possible price could climb as high as 1.0959-1.0969. We have good resistance at 1.0945 and 61.8% Fib levels on the 4H TF. So this will be my target for my first sell position. Long term, price should fall from here and start heading towards 1.0765 and 1.0733 where i will be taking profit.
At 1.0729 and 1.0699 I will be very confident to see a strong bullish rally from here.
At 1.0729 and 1.0699 I will be very confident to see a strong bullish rally from here.
Trade closed: target reached