This pair is on a decline on the weekly chart and the move down to the 0.7 price zone is likely. This is the price zone of the massive downward movement seen in January 2015 .
Take the trade as shown on the chart and it's good for a 1:4.5 RR ratio.
Comments or idea's, please do post them :)
Thanks for reading!
Take the trade as shown on the chart and it's good for a 1:4.5 RR ratio.
Comments or idea's, please do post them :)
Thanks for reading!
Comment:
Can take some hours before a possibly entry is forming