Price recently broke it's upwards daily channel and dropped to a key support level at 1.52 (approx) -
I expect price to retest the outside of the channel at around 1.55 which lines up with previous areas of supports.
If price cannot break 1.55 we will be short until 1.52 as price will begin to consolidate within this price range.
Short -T1 1.52
(Long -T2 1.58) <- in case price breaks 1.55
I expect price to retest the outside of the channel at around 1.55 which lines up with previous areas of supports.
If price cannot break 1.55 we will be short until 1.52 as price will begin to consolidate within this price range.
Short -T1 1.52
(Long -T2 1.58) <- in case price breaks 1.55
