I think that price can pull back after EUR will reach this level. We will have good signal to open short position as soon as price will start falling. Nearest support (1.07707) can be our first target.
The price started to rise from support level. I expect the price to collapse after reaching the resistance zone 1.58151. It will break through the strong level and come to support. The target is 1.57578. Good luck to you! Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
Plan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing , pin bar , etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...