Alternative Scenario: A pullback to 1.06 - 1.10 may offers a relative better risk-reward ratio.
Comments: Although it is not shown on the chart, there is a making of (Bullish) MACD crossover. A possibility of divergence view between daily and weekly MACD chart. Its 20-days and 50-days moving average are 1.113 and 1.097 respectively. Bollinger Band direction is trending upwards.
...Comments: Although it is not shown on the chart, there is a making of (Bullish) MACD crossover. A possibility of divergence view between daily and weekly MACD chart. Its 20-days and 50-days moving average are 1.113 and 1.097 respectively. Bollinger Band direction is trending upwards.
