This pair is continuing to put in higher highs.
The market is just coming up to a strong level of previous structure.
If we can see price action push down to the 9424 level we can look for a nice entry for a long position offering a good RR if you use the lower time frame for a Double bottom as your reason for entry.
I would be weary of the 9493 level so would look to take targets at a retest of structure but as you can see the RR is still great.
Good luck in the markets.
The market is just coming up to a strong level of previous structure.
If we can see price action push down to the 9424 level we can look for a nice entry for a long position offering a good RR if you use the lower time frame for a Double bottom as your reason for entry.
I would be weary of the 9493 level so would look to take targets at a retest of structure but as you can see the RR is still great.
Good luck in the markets.
