Price is starting to rise from a major resistance area with a bit of a inverse head and shoulders pattern. The dxy is starting to rise on the charts as well. Bulls have shown up to the party and there is plenty of room for price to rise.
Here is the play I will be taking on this pair:
Entry: 139.657 Stop Loss: 138.357 Take Profit: 141.478
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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.