We are waiting for price to pullback to the .8890 level to see how price will react to the bullish trendline and 200MA on the 30min timeframe. Trade Scenario 1: Bullish – If we see strong bullish pressure/ engulfing /variations at .8890 we will look to enter long. Trade Scenario 2: Bearish – For us to look short we need to see price break through the supporting trendline and the 200MA. We will then look for a clear LH to form below .8890.



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