Trade active
The pair has retraced to one of the points of support from the last leg up. It appears to have started the next leg. Given how heavily manipulated both underlying currencies are generally, it's difficult to project normal trading expectations here. It should proceed on another leg up of approximately 375—500 pips. This would get into the range for entering short to add. Otherwise I'll wait till it does. Looking for a minimum of 1.6456. Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.