Key takeaways
Main scenario: consider short positions from corrections below the level of 1.3755 with a target of 1.3352 – 1.3166. A sell signal: after the level of 1.3755 is broken. Stop Loss: 1.3850, Take Profit: 1.3166.
Alternative scenario: breakout and consolidation above the level of 1.3755 will allow the pair to continue rising to the levels of 1.4000 – 1.4200. A buy signal: after the level of 1.3755 is broken. Stop Loss: 1.3650, Take Profit: 1.4200.
Main scenario
Consider short positions from corrections below the level of 1.3755 with a target of 1.3352 – 1.3166.
Alternative scenario
Breakout and… Read full author’s opinion and review in blog of #LiteFinance
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