Bearish engulfing candle on the daily chart which is continuing the long term bullish trend. Looking to enter on this bullish reversal. Half position entry followed by full position once surpassing 1.328 resistance.
Bullish sentiment based on price action. This is completely backwards when taking in to account exceeded expectations of JPY consumer confidence and a miss on AUD retail sales. Entry is over resistance on 15min and hourly chart. 1/2 position entry due to discrepancies in trend and news. will look to enter 2nd position around 86.00 once bullish trend is confirmed.