Good morning traders.
I thought after yesterdays long piece I´d keep it short and on point this morning. So I´ll post up my levels and leave it with you.
The Hourly Chart
Support and resistance are fairly straightforward as noted. We got the push up from S1 yesterday (which is S2 today) and the pair continued higher as we expected. We are at an influential level right now – 1.1450s.
Any move back to S1 would be a good long entry. 1.15 continues to look like too strong an attraction for the pair to back off right now.
But we trade what we see. Wait for the levels to be reached, check the lower time frame charts to help confirm your trade and execute.
Simple as 1,2,3.
Got it – ok lets go!