The pair will remain being under pressure in light of US inflation data. We have breached major support around 18.0500 and further we have strong GOLD price supporting this as well.
There may be some pullbacks, but these will be short lived for now.
Strategy SELL @ 17.9750-18.0300 and take profit @ 17.7875 for now. SL above 187.0650.
There may be some pullbacks, but these will be short lived for now.
Strategy SELL @ 17.9750-18.0300 and take profit @ 17.7875 for now. SL above 187.0650.
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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.