Technical Analysis Based on Breakout — You could wait and rebuy USD around 111.38

Recently, USD breached the resistance line 111.38 and is still rallying above. I expected an immediate retracement to the just broken line but instead, USD rose even higher and even broke above another short term resistance line 111.57, Unless this short term resistance is broken, I expect a move upwards. If the line 111.57 is breached, then I expect 111.38 to hold, therefore I’ll put a pending buy limit here, just incase the price retrace back to it.

R1: 111.59

R2: 111.82

R3: 112.39

S1: 110.12

S2: 110.69

S3: 111.03

Put a pending buy limit around 111.38.