Trade is based on higher time trend lines and key levels of support and resistance. Expecting initial rise to key resistance at 1.059 which is approx 20 pips before retracing back to support at 1.04975 which is our take profit level for 100 pips.
As always trade with good risk management , entry is based on test and rejection of key level.
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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.