Price is currently ranging between 1.08050 (resistance) & 1.06603 (support). Trades within the range are possible via the ‘bounce’ strategy, where shorts can be opened at the resistance, and longs can be opened at the support.
Since the price is currently near the support of the range, impulse-long entries are possible now. SL will be placed below the support, FINAL TP will be placed at the resistance of the range.
Buy entry: 1.06681
SL: 1.06475
FINAL TP: 1.08009