The pair has moved down sharply, and as always, any news can change direction quickly as we have witness again and again. Caution always is warranted.
The #D chart is still upwards, even though a pause, and down move do0es not negate the over all situation, however short-term, we are seeing weakness and we broke through support 17.8900 and signaling lower levels again. I feel we may see 17.6750, but remain alert I guess.
Strategy SELL @ 17.8650-17.8875 and take profit near 17.6750 area.
The #D chart is still upwards, even though a pause, and down move do0es not negate the over all situation, however short-term, we are seeing weakness and we broke through support 17.8900 and signaling lower levels again. I feel we may see 17.6750, but remain alert I guess.
Strategy SELL @ 17.8650-17.8875 and take profit near 17.6750 area.
Trade closed manually
profit taken @ 17.6975
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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.