Yesterday's daily candle was a sort of high-wave candle, marking 119.90(candle high) and 118.48(candle low) as key levels to watch for the next potential breakout direction. A break above 119.90 will probably complete a breakout above the descending resistance for the recent consolidation as well. in addition to the 50-days , that could favor the scenario, targeting 120.85 and 121.80.
Alternatively, a breakout below 118.48 could target the rising shown on chart as an initial downside target.
Exclusively Subscribers to my mailing list will get one month access to my trading account . subscribe here http://thefxchannel.com/ ,
My best regards