Hello

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Interested traders should send a mail with details re their trading experience and success level.

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We have got down from here more than once. So it is expected to see a strong resistance at this level but breaking it this time making it a floor to target the pair all times high again at 1.2935. The pair is underpinned now by a double bottom pattern has been formed at 1.18 and 1.175 level. The pair has proved recently that it is well supported above 1.22 as the trend line support. Now it is recommended to hold waiting for 1.235 clear breaking to rebuy the pair depending on turning this level into a support level and on the stop loses and the gained momentum of breaking it.
Selling on the resistance is considered too relying on the same strong level at 1.235 as a resistance but take care my dear trade and put your stop loss just above this level.


Best Wishes

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