Key takeaways
Main scenario: consider long positions from corrections above the level of 1.0665 with a target of 1.1141 – 1.1273. A buy signal: after the level of 1.0665 is broken. Stop Loss: 1.0600, Take Profit: 1.1273.
Alternative scenario: breakout and consolidation below the level of 1.0665 will allow the pair to continue declining to the levels of 1.0450 – 1.0217. A sell signal: after the level of 1.0665 is broken. Stop Loss: 1.0750, Take Profit: 1.0217.
Main scenario
Consider long positions from a correction above the level of 1.0665 with a target of 1.1141 – 1.1273.
Alternative scenario
Breakout… Read full author’s opinion and review in blog of #LiteFinance
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