The pair remains under pressure, even though we are oversold (not extreme, but getting to become). I am cautiously suggesting SELL strategy due to the reason we are on the verge breaking down through the major support level, whilst we are protected 17.7150-17.7450 area.
Strategy SELL @ 17.6950-17.7350 and take profit near 17.5875 for now.
Strategy SELL @ 17.6950-17.7350 and take profit near 17.5875 for now.
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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.