As previous updates - 108.74 crucial level discussed yesterday gave us buying opportunity & we are good in pips. The rise from 108.76 looks impulsive & If crosses 109.32 could be opportunity to add longs & going above 109.48 can give us confidence for bullish scenario. Regards
we could see target as 110.30--110.40 if crosses above --we can look out for 110.40--111.50. Regards,
Next Target above 110.30--110.40 is 111.40--111.50.
All dollar pairs will make you crazy...look at USDCHF since the time we went long in USDJPY....USDCHF ...(Bulls are playing the game)...Vow
108.74--108.76 is strong support zone.
Trade closed manually:
We shall book at previous firstname.lastname@example.org or close by (16 pips) and exit.....as prices going below 109.18 can take us to new email@example.com --108.50. Thanks & Regards
Overall I am bullish for larger targets as mentioned earlier 110.30--110.40 & 111.50 but a possible correction to 108.45--108.50...so this whole setup is bullish. I am trader so i will look to add at every retracement
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