Given the latest USDOLLAR bearish trend, this pair seems like ready to move up again.
I'm already long on this one with half position size.
Scenario A : the pair move up right away --> I'll buy the other half on the breakout of the 1.12 level.
Scenario B : the pair down to retest the bottom of the current channel. I'll then buy the other half around the 1.111 level.
Stop losses are at 1.107.
I'm already long on this one with half position size.
Scenario A : the pair move up right away --> I'll buy the other half on the breakout of the 1.12 level.
Scenario B : the pair down to retest the bottom of the current channel. I'll then buy the other half around the 1.111 level.
Stop losses are at 1.107.