Daily S/R levels for Monday
- Our Monday candle is a "slide out" candle from my anticipated resistance trendline. Meaning that this trendline will now act supportive at 1.1263 area (consider -15 pips of an extension since this is the daily chart).
- Once/if bears are done with retesting the breakout level and IF that support level holds, bulls will try to break 1.1288 area (consider +15 pips of an extension since this is the daily chart).
- All other levels are not my main focus yet. But my chart still gives you an idea where bulls or bears might be headed next.
I hope it helps..
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