When we look at the Weekly chart, we can see that the pair didn't manage to break above the resistance trend- line, which is also a 0.618 Fibonacci retracement. The RSI 20 also signals a sell sign. It is a good opportunity for a short until 0.656.
After that, it will probably raise to 0.660 and then correct again to 0.651 at least.
After that, it will probably raise to 0.660 and then correct again to 0.651 at least.
Trade closed: stop reached:
Trade Closed!
It didn't get to the 0.6563 as expected, and it seems like it's gonna get higher from here.
So trade closed at: 0.6627
Loss of 0.1 Pips.
It didn't get to the 0.6563 as expected, and it seems like it's gonna get higher from here.
So trade closed at: 0.6627
Loss of 0.1 Pips.