The pair traded upwards since 18th March consolidating an uptrend. Key points for this pair are 1.003, where it showed strength exhaustion and reversed. However, at the time of this post, the currency is trading at 1.02210 and its failure to provide higher highs is showing us that the bulls are taking a break from the upward trend.
We are looking to buy this pair at the trend line’s touch, as low as possible.
Target Price : 1.03829
Stop loss : 1.01357
Please be aware of the fact that this trade will be taken under the most favorable circumstances and can be altered without prior notice. Only take this trade if it suits your trading plan and furthermore, your strategy.
Stay safe !
We are looking to buy this pair at the trend line’s touch, as low as possible.
Target Price : 1.03829
Stop loss : 1.01357
Please be aware of the fact that this trade will be taken under the most favorable circumstances and can be altered without prior notice. Only take this trade if it suits your trading plan and furthermore, your strategy.
Stay safe !