It looks like price has rejected the 105.548 price area. The last time price was at this level was Oct 2014 and price hit this level and continued to rally to the bullish
high side. This has now happened again and I believe this pair could very well make it way back up to the 123.000 price area but that too forward think for me at the moment. For now this long looks good for me if successful price will need to break through 3 daily lower highs. Lets see how this plays out.
Target - 115.775
SL - 107.520
Note. - I am new to trading and Im publishing my ideas soley for my own log book and to see where I went right or wrong on trades that I take. I publish to only better myself and I would advise everyone to trade their own plan as my trade ideas are strictly for me. I publish openly because If I want to show to myself I have the ability to stick to my plan and not change because of public image. Thank you.