Highlights and key points
Main scenario: consider short positions from corrections below the level of 0.8541 with a bearish target of 0.8200 – 0.8000. A sell signal: if the price holds below 0.8541. Stop Loss: above 0.8600, Take Profit: 0.8200 – 0.8000.
Alternative scenario: breakout and consolidation above the level of 0.8541 will allow the pair to continue rising to the levels of 0.8742 – 0.9044. A buy signal: once the level of 0.8541 is broken to the upside. Stop Loss: below 0.8500, Take Profit: 0.8742 – 0.9044.
Main scenario
Consider short positions from corrections below the level of 0.8541… Read full author’s opinion and review in blog of #LiteFinance
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