The area between support levels (.9900-.9875) has already withstood one test from sellers. In the event we see an extension of intrasession lows, then a long from just above the Daily SMA is the play.
Here is the plan for a buy:
1) Entry: .9877
2) Stop: .9849
3) Profit Target: .9899
4) Risk vs Reward Ratio: Sub-1:1
This trade may take some time to be decided. If elected today, either lock in profits at session's end or let it ride to Monday's open. Trader's preference.
Here is the plan for a buy:
1) Entry: .9877
2) Stop: .9849
3) Profit Target: .9899
4) Risk vs Reward Ratio: Sub-1:1
This trade may take some time to be decided. If elected today, either lock in profits at session's end or let it ride to Monday's open. Trader's preference.
