The pair has made good gains with higher lows recently. Currently, it sits at a notable level on the 4H. However, I do not wish to enter a position here as the level is too aggressive and there is a large breakout possibility on this pair, factoring in the higher lows and pace at which it is rising.
Pullbacks to the 1.1 level should be sold though. Especially weak pullbacks.
Pullbacks to the 1.1 level should be sold though. Especially weak pullbacks.