This pair is in an upward trend.
Chart below
Price has recently pulled back from the highs and formed a nice support level at 88.00.
Price has now broken back up through the averages and I am looking for a long position.
Levels and chart below:
1st Entry: 89.10
2nd Entry: 89.00
Averaged Entry: 89.05
Stop Loss: 88.75
Target: 90.55 (5%)
I will update again should the trade be triggered.
Regards
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