Current monthly bands/ceilings, 1.3200-1,3400
Current rate, 1.3300
Stop loss must be above 1.3400
Short at 1.3200-1.3400 (current 1.3300, 100 PIPs below 1.3400)
Target, 200 PIPs (1.3000), plus price correction, currently 100 PIPs and more if short made above 1.3300)
The weigted rates to USD-pegged pairs, CHF-pegged pairs and EUR-pegged pairs are in harmony and sligthly mixed therefore risk on prices adjustment may not exceeding 100 PIPs price elasticity.
For interdays 50-150 PIPs
For monthly price fluctuation 200 PIPs, plus existing price corrections