Similar to the AUDUSD pair, price broke and closed below the previous structure level. We will be looking for a short opportunity should price retrace back to the 1.5850 region, with an aggressive stops just above the 1.5880 level; and a more conservative stops above the 1.5910 level. Target can be placed at the 1.5800 level and second target at the 1.5765 level.
I would love to hear your opinion, feel free to comment, agree or disagree.
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I would love to hear your opinion, feel free to comment, agree or disagree.
-----------------------------------------------------------------------------------------
Always wanted to connect, learn and help one another throughout your trading journey? Join our community for FREE at www.facebook.com/groups/fxpipsology/ The only thing you need to 'pay' is your commitment to trading and sharing!
Have a great pipping week!
www.fxpipsology.com/
www.facebook.com/fxpipsology
