Bear is losing momentum and has fallen into a zone of multiple calculated support lines.
Buy a few hours into market open. Initial target 1.2450. SL: ~50 pips
More conservative trade: Wait for break of 1.2330/Confirmation(s) on 1H.
Buy a few hours into market open. Initial target 1.2450. SL: ~50 pips
More conservative trade: Wait for break of 1.2330/Confirmation(s) on 1H.
Trade closed: stop reached:
SL hit, bears' regained momentum for now.