The analysis of the pair signals an approaching correction around 800 points. In this connection my recommendations look as follows.
Recommendations.
1. Close all medium-term long positions right now and start short positions.
2. Pay attention to the swap on short positions at your broker.
3. Get into a short position from the following levels: 92,28; 92,60
4....
The analysis of the pair suggests that the upward correction is close to completion and this week we can expect the continuation of the downward movement. All this means that it is time to cover longs and take short positions.
Recommendations.
1. Levels for short entry: 161.50; 163.40.
2. Target: 156.00
3. Pay attention to the size of swaps on short positions of...
