Price does what price will do. Yesterday, we saw price reverse on us. Typically that is a sign of a potential trend reversal. It is not the most unexpected move, so no huge red flags were raised.
Today, price dropped and retraced from the similar area that's seemingly support.
With two days in a row where buy orders were filling up in fast demand it was worthy of preventing any potential losses.
I placed a stop loss at 1.0337 leaving us with a 15 pip loss if hit.
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