Trade Scenario 1: Bullish - For us to go long we want to see price break above 1.3730. We will then wait for a retrace and for 1.2730 to act as support. Enter on strong bullish setups, first targeting previous highs around 1.3790
Trade Scenario 2: Bearish - For us to go short we need to see price break below 1.3670. We will then wait for a retrace and for 1.3670 to flip as resistance. Enter on strong bearish setups, first targeting previous highs around 1.3620
Trade Scenario 2: Bearish - For us to go short we need to see price break below 1.3670. We will then wait for a retrace and for 1.3670 to flip as resistance. Enter on strong bearish setups, first targeting previous highs around 1.3620