Good day everyone,
It is definitely frustrating that market formed new highs despite of the reversal on Friday.
However, this is a repeated pattern of the previous week.
This week, I expect market to continue climbing higher with expectation that market will retrace to 1.4750 before turning up. My target for this week will be around 1.5000.
Therefore, good to hunt for long entry when market corrects to 1.4750. Stoploss about 50 pips will be good and target exit to reach around 1.5000.
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