Hi Traders!
The market was moving in a downtrend until it reached the level 1.09300.
Then it pullbacked up until the level 1.10300.
We expect the market to either break out the resistance or continue the downtrend.
We recommend to sell the swing low with a risk-to-reward ratio of 1 to 4.
Thanks and good luck :)!
The market was moving in a downtrend until it reached the level 1.09300.
Then it pullbacked up until the level 1.10300.
We expect the market to either break out the resistance or continue the downtrend.
We recommend to sell the swing low with a risk-to-reward ratio of 1 to 4.
Thanks and good luck :)!