This pair is in a nice down trend and currently in a wedge. If this pair tries to retest the 129.000 level during the Asian session then that will be a good entry for a short position. The blue boxes are Supply & Demand Zones.
Entry: 129.000 zone
TP 1: 126.500
TP 2: 125.000
SL: 129.300
Entry: 129.000 zone
TP 1: 126.500
TP 2: 125.000
SL: 129.300
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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.