The pressure is still upwards, but overall we are close to a reversal considering the ascending triangle, the Hammer Top and overbought RSI. We may still see 1.1650-1.1700 area before the correction, but feel we slowly should scale into a SELL mode.
Strategy SELL @ 1.1625-1.1675 and take profit near 1.1250 area.
Strategy SELL @ 1.1625-1.1675 and take profit near 1.1250 area.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.