after a long consolidation around 1.27 level, yesterday it finally was broken. As it often happens, many traders missed this breakout and now looking for entries. Touching 1.25 we see a pullback, the market is steadily going up to the broken structure. Obviously, many traders set sell limits on 1.27 and are waiting for a position opening. We can do the same. I underlined a zone for you, depending on your strategy pick the most appropriate entry.
my stop will be above 1.29!
the initial target is based on structure!
good luck!
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