For those willing to adventure, I feel we may have a good buy strategy now, bearing in mind we are in an overall down trend of the pair.
The current cloud support 153.60 acts as our stop-loss area (below that of course), and the stochastic seems positive now, and may ignite a pullback. Again it is a slight adventure, because we don't have full confirmations, but I feel we may risk a small loss for a profit target of 155.27.
The current cloud support 153.60 acts as our stop-loss area (below that of course), and the stochastic seems positive now, and may ignite a pullback. Again it is a slight adventure, because we don't have full confirmations, but I feel we may risk a small loss for a profit target of 155.27.
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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.