Going below 1.3150... It will clear that ongoing sideways movement is done --GU shall resume its larger downtrend till 1.2700's...So, Be Ready for the action...once 1.3150 gets broken --once should have strict stop loss@ latest swing high which is 1.3302 ( + 5 pips for stop loss)....
Abhishek H.Singh, CMT
10:12 Hrs--IST--3rd Aug 2016--- Key levels play crucial role in financial instruments...Here 1.3150 is most important level for me which is not broken yet so...we cannot take short positions until that level gives away in coming session...This sideways action is just getting prolonged...Regards
Best Regards, Abhishek H. Singh, CMT India Regional Manager http://in.tradingview.com | LinkedIn India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ