We have rallied continuosly on this pair without breaking structure once. We are at a key resistance level. For now , no trades, but we let NFP decide on friday
Note
Price couldn't hold at major resistance level, lets observe if it will break the structure level support belowNote
Price played out exactly as expected. We are back at key resistance. 3 taps= break or strong rejection, we let price action decide what the next trade will be. If it breaks out to the upside, we look for longs on retest, if it breaks support we look for shorts on retest. Keep it simple
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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.