Pullback??

We reached a major support level (the whole yellow zone) that we last tested in 2011. This is significant and i expect some buyers here to push price up to the 1.2000 zone, which happens to be the Daily Kijun zone. The entry is done on the H4 after we had a breakout of that blue zone and then a retest of it.

Entry: one position @ 1.14778
SL: 1.12600
TP: 1.19800
RR: 2.24