Last week’s spike down to and below 1.32000 was bought. With a decent bounce from 1.31600 we are looking to get long this pair for an even bigger bounce to the upside. Ultimately we are looking for 1.39300 / 1.40000 again. Intraday we can BUY around the 1.33200 level with 40 pip stop looking for 1.34000/1.34500 initially. 1.35300 will offer strong resistance to start with so tread lightly up there.
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