1.2850 – 1.3000 key was broken in mid of June and price has been trading above the key resistance since then, which has turned into support now.
I will be looking for a Long, ideally when the price touches the .
** This is not a Buy/Sell recommendation **
** Please do your own due diligence **
I will be giving this bullish engulfing candle a miss because I would prefer a rejection that comes from value area (support area).