An inside bar reversal signal has formed at key support level of 26.5.
The strategy is to buy under 30 and take 50% of profit @ 38 and the rest @ 45.
Stop loss should be @ 24.
Have a great day!
The pair is currently in an ascending trend and it's forming an ascending triangle. The resistance level highlighted in on the chart can be tested one or several time before being broken.
The best strategy would be to buy the pair as close as possible to the trend line or wait until the resistance level is broken and initiate the trend around the 1.348 level.