Either straight down or a re test of the trend line.. either way targeting 111.30
Like the look of a short entry here, selling against the upper triangle, will soon know if I am wrong. Also am looking at this alongside what the EURUSD is doing.
I am looking here for the break and trading this pair on that break on a lower time frame.
My preference here is the pair will move lower so looking for a nice short setup on the 15min chart.
Intraday pay for the beers at the weekend trade...
Missed original breakout.. But a fairly low risk reward trade here