Price has previously broke weekly resistance 4 times on daily time frame. However price has found support at 0.73234 this being confirmed by fib extension as it lines up clearly with 61.8. This also indicates to me that there is a lot of confluences within this area. furthermore I have been able to identify two possibles for this pair, if price breaks above previous highs at 0.74360 then i will look for long opportunity targets being next supply zone. However if price does not break 0.74360 and breaks support at 0.73234 I will look to take short position.
This is a swing trade for those that may be watching my content.
This is a swing trade for those that may be watching my content.