The pair is simply overbought, and short-term it needs some corrective activity.
Overall we may see it higher coming weeks, but for now sell strategy is preferred.
Strategy sell @ 1.9875-1.9910 and take profit near 1.9787 area.
Overall we may see it higher coming weeks, but for now sell strategy is preferred.
Strategy sell @ 1.9875-1.9910 and take profit near 1.9787 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.