This pair is in an uptrend.
Chart below:
The USD strength we saw on Thursday and Friday of last week has allowed for a pull back through the averages.
Price has now found support and is breaking up up with the trend
Chart below:
I am looking for a long entry as detailed below.
I would like to see the stochastic at oversold when prices approaches the entry
Chart and levels below:
Entry: 0.7895
Stop: 0.7865
Target: 0.8045
I will update again when the trade has been triggered
Regards
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