bottomed around 1.0630 area after all our past week bearish targets achieved and then re bounce. from the chart above, you can vividly observed that the bearish trend line has been violated. The bias remains bullish in the medium term. we recommend to look for a Buy entry after pull back around 1.0830 or below. Stop loss to be placed at 1.0740. Our first target at 1.1070 area and the subsequent targets as you can observed from the chart above. Always remember to apply sound risk and money management. wishing you Pipsful week ahead.
First target achieved. Awaiting the price action ahead our second target. stay cool and enjoy your weekend.
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