Potential False trendline breakout in 4hr

2019-11-15 18:57:37

We can see there was a breakout but price just came back above trendline again.... we have few more updates on trade talks later in US session... which may be reason of some indecisiveness in pair.. technically we would like to wait before trading this pair to see what it does at horizontal resistance which it is expeted to approach soon... in case rejection wait again for price to move below trendline to short... in case of break above.. Long on retest..