Potential Bullish Breakout

Title Potential Bullish BreakoutType Bullish RisePreference: Price has just broken above a potential breakout level and could climb higher from here. The pivot point of 0.65874 is a suitable entry point and we could see momentum carry price up to its 1st resistance...

Potential Bullish Breakout
TitlePotential Bullish BreakoutTypeBullish RisePreference:Price has just broken above a potential breakout level and could climb higher from here. The pivot point of 0.65874 is a suitable entry point and  we could see momentum carry price up to its 1st resistance at 0.66160 which is a pullback resistance level.Alternative scenario:If price reverses from the pivot point, it could hit the 1st support at 0.65603 which is a pullback support level.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.