Highlights and key points
Main scenario: consider short positions from corrections below the level of 0.8875 with a bearish target of 0.8546 – 0.8325. A sell signal: after the level of 0.8875 is broken. Stop Loss: above 0.8900, Take Profit: 0.8546 – 0.8325.
Alternative scenario: breakout and consolidation above the level of 0.8875 will allow the pair to continue rising to the levels of 0.9045 – 0.9226. A buy signal: after the level of 0.8875 is broken to the upside. Stop Loss: below 0.8850, Take Profit: 0.9045 – 0.9226.
Main scenario
Consider short positions from corrections below the level of… Read full author’s opinion and review in blog of #LiteFinance
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