Preference short positions below 1.1020 with targets 1.0740 & 1.0620 in extension.
Above 1.1020 look for further upside with 1.1130 & 1.1200 as targets.
The pair has broken below a rising trend line in place since April 2015, then posted a pull back ahead of further weakness.
Risk management in priority.
Above 1.1020 look for further upside with 1.1130 & 1.1200 as targets.
The pair has broken below a rising trend line in place since April 2015, then posted a pull back ahead of further weakness.
Risk management in priority.
Comment:
1.0892
