Hey traders, price has reached a strong daily support trendline, which was already tested once before several hours and it made price bounce. However, this doesn't mean that we can't see a spike breaking through the line soon, so stay alerted, about any move. If you stay patient, this pair can hand you hundreds of pips.
Note: Price is still in a descending channel, so this is one more reason it can stay bearish and break through the trendline.
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Price on trendline, stay alerted!
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Went long on the trendline bounce, caught 100 pips in 3 hours. Well done traders!
Trade closed: target reached
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200 pip move, now we wait for the retest and then back up! :)