It has been an oscillation in a range since June last week for ninja to confirm a direction . The D1,H4 and H1 gives indication for bearish move. Price is below kumo, which has a bearish bias. The stop loss for this idea is 102.38.
Comment
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Price has touched downwards to 100.8. And expected to continue the downwards momentum .There could be intermediate pull backs.
Trade closed: target reached
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The trade had done well with decent profit:). Ahead of Non Farm Payroll news,I prefer to close the trade and look for fresh opportunity.