Generally a bullish market, price is expected to break the current demand zone at 1.2435 downwards and fill in the void below down to the optimal trade entry where the institutional traders will be building orders for London killzone. the bullish movement is expected to break the current high at 1.2586 and form a new high at the supply zone or clean high at 1.2650.
the move is expected to give around 270 pips with a 20 pips stop loss.
risk to reward is 1:14
the move is expected to give around 270 pips with a 20 pips stop loss.
risk to reward is 1:14