Highlights and key points
Main scenario: consider long positions from corrections above the level of 1.2660 with a growth target of 1.3250 – 1.3740. A buy signal: after the price returns above 1.2660. Stop Loss: below 1.2630, Take Profit: 1.3250 – 1.3740.
Alternative scenario: breakout and consolidation below the level of 1.2660 will allow the pair to continue declining to the levels of 1.2300 – 1.2050. A sell signal: after the level of 1.2660 is broken to the downside. Stop Loss: above 1.2690, Take Profit: 1.2300 – 1.2050.
Main scenario
Consider long positions from corrections above the level of 1.2660… Read full author’s opinion and review in blog of #LiteFinance
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