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 1.2112 but consider reducing the size of your position as the price gets closer to that target.
ADAUSD through 1.149181818181818. Is this a confirming a breakout? Will it continue its path in the current trend toward 1.2112?
