I have not changed the over all outlook.
We have tried previously attempting 1.0043 and it failed, and we pushed lower since then. The MAC is negative and the RSI is negative as well on daily chart. The weekly suggests caution on being short, and I feel that we are still in selecting BUY entry further adding to the earlier purchase at higher levels seen before. (see my previous update).
I would suggest stop-loss to place below 0.9767 for now. We buy further @ current levels 0.9860-0.9890. Profit order 1.0137 for now.
We have tried previously attempting 1.0043 and it failed, and we pushed lower since then. The MAC is negative and the RSI is negative as well on daily chart. The weekly suggests caution on being short, and I feel that we are still in selecting BUY entry further adding to the earlier purchase at higher levels seen before. (see my previous update).
I would suggest stop-loss to place below 0.9767 for now. We buy further @ current levels 0.9860-0.9890. Profit order 1.0137 for now.
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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.