It can either go 2 ways at this moment in time.
Price could reach both the resistance previously formed and retrace back to its counter-trend which would be in the downward momentum. If take profit hits, either method will give you around 150 - 200 pips
OR
Price could just rally up towards the 1.33 area raking in around 176.7 pips.
Price could reach both the resistance previously formed and retrace back to its counter-trend which would be in the downward momentum. If take profit hits, either method will give you around 150 - 200 pips
OR
Price could just rally up towards the 1.33 area raking in around 176.7 pips.