The pair as mentioned before, has seen higher levels, and that means when in SELL mode it should make sense regarding the levels to enter. the current pattern being build, is likely an s/h/s pattern, slightly lopsided but yet it could be such a way. considering that we should SELL in th current market levels.
Strategy SELL @ 159.70-160.10 and place SL above 161.27. Profit order n@ 157.25.
Strategy SELL @ 159.70-160.10 and place SL above 161.27. Profit order n@ 157.25.
Comment:
if possible. abort short @ 160.50 or lower. We will SELL higher levels, and will advise it.