Highlights and key points
Main scenario: once a correction forms, consider short positions below the level of 1.3756 with a bearish target of 1.3205 – 1.2981. A sell signal: if the price holds below 1.3756. Stop Loss: above 1.3800, Take Profit: 1.3205 – 1.2981.
Alternative scenario: breakout and consolidation above the level of 1.3756 will allow the pair to continue rising to the levels of 1.3947 – 1.4200. A buy signal: once the level of 1.3756 is broken to the upside. Stop Loss: below 1.3700, Take Profit: 1.3947 – 1.4200.
Main scenario
Consider short positions below the level of 1.3756… Read full author’s opinion and review in blog of #LiteFinance
+ There are no comments
Add yours