The pair has been a little bit more aggressive upside, as GOLD price weakened. This does not change the overbought state, and still believe we will have to see a correction in coming sessions. We will add to the previous SELL position and scale into it slowly.
Strategy SELL or ADD @ 2.0210-2.0250 and take profit now @ 2.0057.
Strategy SELL or ADD @ 2.0210-2.0250 and take profit now @ 2.0057.
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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.