Last week prices broke down an important Bearish Channel, unleashing the Bears from 1.5195 to 1.4873). But then the sellers didn´t have the strenght to maintain their pace, so prices pulled back into the broken Bearish channel (see thick blue lines...), showing that bulls have taken control again.
My strategy will be to enter LONG at any of the following support areas:
* 1.5135 (23.60% fibo from 1.4872 to 1.5219)
* 1.5087 (38.20% fibo from 1.4872 to 1.5219)
I´ll also enter LONG at the break up of the resistance 1.5219
