as previously i was anticipating a long position with this pair, which we had saw yesterday, price looks to be pulling back slightly before we have the next impulsive move up
this is now a risk free trade
#JugFX
Trade closed: stop reached
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as we can see price looks to have reversed. I'm going to be sitting on the side with this pair as price doesn't appear to be making a up move any time soon, based on the weekly and monthly, we can see some heavy selling pressure