The pair is not very overbought, but it's extended a bit.
I feel we should be looking to SELL @ 0.9530-0.9580 area and take profit below 0.9400 and will update on that coming days.
Stop-loss likely not necessary providing we short at the higher levels as suggested, but of course it's up to the individual how they wish to trade.
More updates on this one.
I feel we should be looking to SELL @ 0.9530-0.9580 area and take profit below 0.9400 and will update on that coming days.
Stop-loss likely not necessary providing we short at the higher levels as suggested, but of course it's up to the individual how they wish to trade.
More updates on this one.