This pair made a run up, never broke the the upper resistance level, and traded back down to the middle of the range. I'm looking for a 10 pips candle close above or below the middle channel lines to enter and target the outer channel lines.
With a candle close above the middle channel lines I rode this pair all the way up for about 200 pips! Not a bad! This pair will be interesting to watch as we wait to see any future rate hikes by the ECB or the BOJ!
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