Highlights and key points
Main scenario: consider long positions from corrections above the level of 1.3080 with a growth target of 1.3500 – 1.3740. A buy signal: if the price holds above 1.3080. Stop Loss: below 1.3050, Take Profit: 1.3500 – 1.3740.
Alternative scenario: breakout and consolidation below the level of 1.3080 will allow the pair to continue declining to the levels of 1.2887 – 1.2648. A sell signal: once the level of 1.3080 is broken to the downside. Stop Loss: above 1.3100, Take Profit: 1.2887 – 1.2648.
Main scenario
Consider long positions from corrections above the level of 1.3080… Read full author’s opinion and review in blog of #LiteFinance
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