Trade Scenario 1: Bullish - For us to go long we want to see price break above 1.3790. We will then wait for a retrace and for 1.3790 to act as support and enter on strong bullish setups, first targeting previous highs around 1.3840
Trade Scenario 2: Bearish - For us to go short we want to see price break below 1.3760. We will then wait for a retrace and for 1.3760 to act as resistance. Enter on strong bearish setups, first targeting edge of value around 1.3700
Trade Scenario 2: Bearish - For us to go short we want to see price break below 1.3760. We will then wait for a retrace and for 1.3760 to act as resistance. Enter on strong bearish setups, first targeting edge of value around 1.3700