The pair has moved lower as expected, and perhaps little bit more.
The current situation feels its under pressure for further down move, but I feel with USD being oversold on others, and also we have a low stochastic, still positive, suggesting a BUY strategy now.
Strategy BUY @ 18.4350-18.4600 and place SL below 18.3750 for now. Profit order @ 18.6350.
The current situation feels its under pressure for further down move, but I feel with USD being oversold on others, and also we have a low stochastic, still positive, suggesting a BUY strategy now.
Strategy BUY @ 18.4350-18.4600 and place SL below 18.3750 for now. Profit order @ 18.6350.
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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.