Trade Scenario 1: Bullish - For us to go long we need to see price break above 129.400. We will then wait for price to retrace and 129.400 to act as support. Enter on strong bullish setups, first targeting 129.700
Trade Scenario 2: Bearish - For us to go short we need to see price reject off 129.400. We will then enter short on strong bearish setups, first targeting our edge of value at 129.050
Trade Scenario 2: Bearish - For us to go short we need to see price reject off 129.400. We will then enter short on strong bearish setups, first targeting our edge of value at 129.050