Hey traders! I have got all the reasons to long this pair at the completion. First of all let us look left for a second and identify the structure support
which is just at the completion level which gives us pretty much confidence that price MIGHT reverse from there, Also if you look at the RSI
we have already a bullish hidden divergence
. EMA crossed over and will also act as support after it completes
. Expecting a reversal to 118.362 first and then to 118.541.
I have also a similar setup in audjpy