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Trade Idea
Trading within a Bearish Channel formation.
We have a Gap open at 1.1093 from 28/06/2019 to 30/06/2019.
We have a 61.8% Fibonacci pullback level of 1.1185 from 1.1264 to 1.1057.
Although buying has been posted overnight, the rally has been limited.
Preferred trade is to sell into rallies.
We look to Sell at 1.1185
Stop: 1.1205
Target 1: 1.1105
Target 2: 1.1060
EXPIRES AT 9PM
Trade Idea
Trading within a Bearish Channel formation.
We have a Gap open at 1.1093 from 28/06/2019 to 30/06/2019.
We have a 61.8% Fibonacci pullback level of 1.1185 from 1.1264 to 1.1057.
Although buying has been posted overnight, the rally has been limited.
Preferred trade is to sell into rallies.
We look to Sell at 1.1185
Stop: 1.1205
Target 1: 1.1105
Target 2: 1.1060
EXPIRES AT 9PM
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