Right now, we need to pay attention to the support zone near 1.054x area.
1. If the price breaks the support zone, we will look for opportunity to short when there is weak pull back (Highly Likely)
-If it really break the support zone, it will be a nice risk/reward trade :)
2. If the price bounces back from the support zone, it might move sideway or bounce back higher. (unlikely due to the strong strength of USD)
We will monitor this currency pair closely and update accordingly! :)
1. If the price breaks the support zone, we will look for opportunity to short when there is weak pull back (Highly Likely)
-If it really break the support zone, it will be a nice risk/reward trade :)
2. If the price bounces back from the support zone, it might move sideway or bounce back higher. (unlikely due to the strong strength of USD)
We will monitor this currency pair closely and update accordingly! :)
