No change in view, and I believe the pair might have its dramatic correction after the election results May 14th, if not mistaken.
The technical picture is extremely overbought, and we do need a solid correction moving towards 12.50-15.00 at least before we resume upwards again.
Strategy is remain SHORT at various levels, and take profit @ 15.25 and next @ 13.50.
The technical picture is extremely overbought, and we do need a solid correction moving towards 12.50-15.00 at least before we resume upwards again.
Strategy is remain SHORT at various levels, and take profit @ 15.25 and next @ 13.50.
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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.