While this pair has recovered some of its pull, consolidating to reach parity, it has now began to decline in an downward trend. Our analysis shows that 1.01-1.02 is a strong resistance point, and we are looking to short this pair at the pullback. Entry : 1.021x - 1.020x Stop Loss : 1.024x Target : 1.01x
Disclaimer: 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.
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