Trade Scenario 1: Bullish - For us to go long we want to see price pullback to 1.3940. We will then look to enter long on strong bullish setups off this level, first targeting previous highs around. 1.4000
Trade Scenario 2: Bearish - For us to go short we need to see price break below 1.3920. We will then wait for a retrace and for 1.3920 to flip as resistance.
Trade Scenario 2: Bearish - For us to go short we need to see price break below 1.3920. We will then wait for a retrace and for 1.3920 to flip as resistance.