The U/J is currently at a strong support level.
While the overall trend is still DOWN, there might be chance to get some pips on the Long side if the price can make a bounce from the support level and breaks the downtrend on a lower timeframe like 4H or 1H Chart.
A Target level in this scenario could be close to the upper line.
(This is no Trading recommendation just the way I see it.)
While the overall trend is still DOWN, there might be chance to get some pips on the Long side if the price can make a bounce from the support level and breaks the downtrend on a lower timeframe like 4H or 1H Chart.
A Target level in this scenario could be close to the upper line.
(This is no Trading recommendation just the way I see it.)