Short term long because price is reaching is a resistance level around 1.1161, there is an opportunity to scalp around 35 pips if you are a scalper.
However, if we see price breaks this point then it's a potential 135 pips to 1.12416, if not it will back to support line around 1.09889.
I'd suggest to keep an eye close to this pair if you decide to take the trade straight away, there are quite a few major USD news coming out during lunch hour in the UK which could affect the trade.
Let me know what you think below
However, if we see price breaks this point then it's a potential 135 pips to 1.12416, if not it will back to support line around 1.09889.
I'd suggest to keep an eye close to this pair if you decide to take the trade straight away, there are quite a few major USD news coming out during lunch hour in the UK which could affect the trade.
Let me know what you think below