Good morning all! As you can see from the charts, we had a positive divergence while coming into the London session this morning. This gives us the inclination that price may rise (which is presently the case).
A good place to enter would be on a break of the 1.2770 Central Pivot. Price is currently testing the Central Pivot but I usually recommend that you don't jump in the first time it ticks above the pivot. It's best to wait for a slight retracement and then enter if and when price breaks through a second time.
The slight retracement usually occurs because there's bound to be some selling pressure at any significant resistance line.
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