As depicted above, prices are stalled around the 1.4800/50 levels, which was resistance earlier and turned into support now. Furthermore, support trendlines are also holding well. Overall wave structure still remains constructive for a bullish resumption towards fresh high sat 1.5200 and 1.5400. One should re-enter buying around 1.4800/50.
Trade Recommendations:
Buy earlier at 1.4700, stopp out at 1.4900. Buy again between 1.4800/50, stop 1.4750, targetting at 1.5200 and 1.5400
