We have some support and resistance leading into the trend line . Price confirmed the trend line with a couple of days of consolidation around the 1.135 level. Now that we have a breakdown, ill look for a retracement to around the 1.134 area for a short entry.
Any thoughts would be appreciated :)
Entry has been hit! To the pip!
Trade closed: target reached:
Target has been hit at just above the 1.12 area! A very nice 6% profit