Good locations offer the opportunity for long and short trades. If price continues to consolidate at the PPZ we can look for a bullish continuation with space to move.
We can also look for bearish PA and play a short retrace to the previous consolidation top and HCR.
Strong previous Pivot Zone and Round Number (1.12) Price broke away from previous consolidation and is pushing up on the 1.12. Here we can look for a bullish continuation or a bearish retrace to the 1.105 area.