I posted a trade idea a week ago (19 June) informing traders to watch the 141.70 level.This level gave a sell signal on Monday that paid 180 pips if you took the sell and then it turned right back to the 141.70 level with the news events on Tuesday. The pair again consolidated around the 141.70 price level on Friday. Traders should take note of key price levels/zones on pairs as these levels can make or break trades and this pair is a great example!
I will once again keep watching this pair and the 141.70 area this coming week as per my trade idea of last week.



Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.