The price is currently trading inside the daily support zone. It is likely that the price will aim for the next resistance around 1.33 area and therefore a long may be favorable here.
Trade closed: target reached
The price has hit the target yesterday itself. This concludes this trade and with that this idea. We will reevaluate the price action in a new post. If you like the content and find value in the posted analysis, please give a like and if you want to get notified about any new idea posted, please follow this account. I also share ideas on twitter, so if you want to tune to that, please check my twitter account: twitter.com/angela_altair
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