The currency pair is in the uptrend channel and currently playing in a triangle pattern.
Technically, we are faced with two plans
Plan A: Break the resistance area and will move up to the next resistance in the near of the 1.39400, in this case, after the break of the resistance in the bull back, we can open buy trade.
Plan B: break the trend line and the triangle to the down and fall to the support of the 1.35500 / 1.3600, in this case , after the break of the trend line in the bull back, we can enter into a sell trade.
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NOTE: PLEASE ENSURE YOU DO YOUR OWN ANALYSIS BEFORE TAKE ANY ACTION
——
OPEN BUY OR SELL , AFTER CONFIRMATION OF THE RETURN MOVE
Technically, we are faced with two plans
Plan A: Break the resistance area and will move up to the next resistance in the near of the 1.39400, in this case, after the break of the resistance in the bull back, we can open buy trade.
Plan B: break the trend line and the triangle to the down and fall to the support of the 1.35500 / 1.3600, in this case , after the break of the trend line in the bull back, we can enter into a sell trade.
----
NOTE: PLEASE ENSURE YOU DO YOUR OWN ANALYSIS BEFORE TAKE ANY ACTION
——
OPEN BUY OR SELL , AFTER CONFIRMATION OF THE RETURN MOVE