Price is now siting on support trend-line, and if we see a closure below that lvl, next week we could see huge movement down! I would like to see price going down to about 1.1060 and then look for sell opportunities!
On the other hand, if price manages to stay on this up-trend channel and breaks one more time the major down-trend, well.. then i would look for buys between 1.1130 and 1.1180!
I've seen a lot of people saying long and short on this pair, so i guess everyone is just waiting for the breakout to happen! Because of that i believe the breakout will be agressive, so next week i'll keep my eyes on this one, lots of pips to catch!
Whats your opinion?? Share it here in the comments or on Telegram! t.me/tradingbayfx
On the other hand, if price manages to stay on this up-trend channel and breaks one more time the major down-trend, well.. then i would look for buys between 1.1130 and 1.1180!
I've seen a lot of people saying long and short on this pair, so i guess everyone is just waiting for the breakout to happen! Because of that i believe the breakout will be agressive, so next week i'll keep my eyes on this one, lots of pips to catch!
Whats your opinion?? Share it here in the comments or on Telegram! t.me/tradingbayfx