The pair indicates bullish momentum as price sits at strong support area
The pair is approaching the 50 EMA and buyers might enter the market
We also see multiple rejections at support area and indicates bullish behavior
Risk +100 pips , reward +500 pips
Risk reward ratio becomes 1:5
The pair is approaching the 50 EMA and buyers might enter the market
We also see multiple rejections at support area and indicates bullish behavior
Risk +100 pips , reward +500 pips
Risk reward ratio becomes 1:5