The pair saw highest price since March this ended week. The pair is in a bullish trend started in May. The pair also has a pattern of retracing after printing higher highs.
I am expecting the pair to correct bearish from the area of 1.3350 - 1.3580. Probably a sound decision to start scaling into position from current price at around 1.3337.
Stops set above 1.36 level. Possible targets are the 1.30 level, 1.29 and 1.28 level.
Scale of the price chart is altered to show all the levels in play.
I am expecting the pair to correct bearish from the area of 1.3350 - 1.3580. Probably a sound decision to start scaling into position from current price at around 1.3337.
Stops set above 1.36 level. Possible targets are the 1.30 level, 1.29 and 1.28 level.
Scale of the price chart is altered to show all the levels in play.
Comment:
Sell limit at |.3440 entered for the pair.
