You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 110.7991 but consider reducing the size of your position as the price gets closer to that target.
Related Posts
We expect GF to trend upwards for the next 12 hours.
Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we could see a 636…
We expect a 1107 pip movement on OJ for the next 12 hours.
Based on the last 12 Ivey PMI s.a events in Canada, OJ may trend upwards for the next…
We expect S to trend downwards right now.
Based on past Germany Balance of Trade news events there is a 75% chance of S trending downwards.…