Price is facing bearish pressure from our downside confirmation, where we could see a further drop towards 1st support at 1.3106 if price breaks below downside confirmation at 1.3140. Ichimoku is also indicating more bearishness to come.
Trading Recommendation
Entry: 1.3140
Reason for Entry:
horizontal swing low
Take Profit :1.3106
Reason for Take Profit: 127% fib retracement
Stop Loss: 1.3164
Reason for Stop loss:
horizontal pullback resistance
