Trade Scenario 1: Bullish - For us to go long we want to see price break above 1.1820. We will then wait for price retrace and find support around 1.1820. We will then enter on strong bullish setups, first targeting 1.1840
Trade Scenario 2: Bearish - For us to go short we want to see price break below 1.1805. We will then wait for price retrace and for 1.1805 to flip as resistance. We will then enter on strong bearish setups, first targeting 1.1770
Trade Scenario 2: Bearish - For us to go short we want to see price break below 1.1805. We will then wait for price retrace and for 1.1805 to flip as resistance. We will then enter on strong bearish setups, first targeting 1.1770