Strong support is based on 2 previous bottoms from current sideways trend as well as strong resistance is based on 2 previous tops on current sideways trend. T/P for either Long or short positions determined by previous trend.
Disclaimer on.
Market appears to be in a consolidation phase in the anticipation for the NFP news. Possible limit entries put about 20 pips above the resistance line and 20 pips below support line. Profit off the long and short from the news and close profits at a safe price.
As you can see it's on an uptrend and I strongly believe that if the price breaks it will hit my 2nd T/P which is also a strong resistance backed by 3 previous highs and 3 fibo clusters.
