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With the evident of Pullback Impulse from the 1.16488, the chart printing the signals in the downtrend. As For Now, the chart marking its presence @ 1.15474 with a throwback game setup. The Impulse attempted to break the two weeks old support zone 1.14971, but the signals failed and got a reversal from the downtrend.



Technically, the current trend has a chance to get a reversal as a throwback setup. At the same time, the pair familiarity getting more attention and having a possibility for a reversal from the current trend.

Fortunately, if the pair got the proper throwback means, the market can easily fetch the quotes 1.17414. Or else, as I said if the pair familiarity invaded more traders on the same trend idea means, there a chance for trend continuation on that case, end the trade @ 1.4494.

SIGNAL SPECIFICATION

Entry: 1.15452

Tp: 1.17406

Sl: 1.14486

R/R: 2.02

HAVE A KEEN LOOK ON THE CHART AND DECIDE OUR TRADES.

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