Price made a strong reaction once tapping 132.000 strong weekly support, now price looks to be respecting support level 133.100 on the daily, so I will be watching for a break of the CTL for potential longs up to 134
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Daily
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rejected off the trendline, could see a short term shorts come In play
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sniper entry
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Update.
@pasinduchamod, my bias changed since price did not break the counter trendline...
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@pasinduchamod, with all trades I require more confirmation before even thinking of entering
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There is a minor support 15 pips away. Trend line between last two lows. A triangle forming, I will wait to see which way it breaks
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@eazywayout, 4H but if there is a clean breakout to the upside on 2H I think I will take it. Japan missed expections both GDP YoY and GDP QoQ earlier today. I am not sure if I am very interested in a break on the downside
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