the pair has moved away from 17.40s and we are on the verge of testing 17.5950-17.6050. Based on the overall picture, I feel we see 17.7800 being tested coming days.
GOLD is softer and may turn lower which will ignite the pair to go higher. Also the DXY may test 103.70 area, as per some analysts, hence more reasons to see it follow suit as well.
Strategy BUY @ 17.5350-17.5650 and take profit near 17.7350 for now (but monitor break of course). SL as per your personal preferences.
GOLD is softer and may turn lower which will ignite the pair to go higher. Also the DXY may test 103.70 area, as per some analysts, hence more reasons to see it follow suit as well.
Strategy BUY @ 17.5350-17.5650 and take profit near 17.7350 for now (but monitor break of course). SL as per your personal preferences.
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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.