The price is trading inside a bullish flag which indicates that we are in a correction before an impulse to the upside. The pair is heading toward the area of confluence which is made by the 61.80% Fibonacci retracement and the strong support. This will lead to a move upward in the same direction of the main trend. ------------------------------------------------------------------------------------- Trade Idea:
Buy Limit Order @ 122.18 Take Profit @ 122.45 Stop Loss @ 122.08
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.