Highlights and key points
Main scenario: consider long positions from corrections above the level of 1.0950 with a growth target of 1.1300 – 1.1500. A buy signal: after the price consolidates above 1.0950. Stop Loss: below 1.0920, Take Profit: 1.1300 – 1.1500.
Alternative scenario: breakout and consolidation below the level of 1.0950 will allow the pair to continue declining to the levels of 1.0773 – 1.0662. A sell signal: after the level of 1.0950 is broken to the downside. Stop Loss: above 1.0980, Take Profit: 1.0773 – 1.0662.
Main scenario
Consider long positions from corrections above the level of 1.0950… Read full author’s opinion and review in blog of #LiteFinance
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