Price was rejected at 0.70900 after testing 0.70550.
the pair has then retraced back to the 0.70550 zone and
two bullish hammers and a candle of in-decision have formed
we must note that this is the monthly low region and should the pair not
retrace further down we might be in for a jet ride
I have identified a entry at 0.70750
SL: 0.70600
Tp 1: 0.71200
Tp 2: 0.71400
the pair has then retraced back to the 0.70550 zone and
two bullish hammers and a candle of in-decision have formed
we must note that this is the monthly low region and should the pair not
retrace further down we might be in for a jet ride
I have identified a entry at 0.70750
SL: 0.70600
Tp 1: 0.71200
Tp 2: 0.71400
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.