Our preference: short position below 1.1580 with targets at 1.1520 & 1.1505 in extension.
Alternative scenario: in excess of 1.1580, aim for a continuation of the rise with 1.1600 & 1.1625 in the line of fire.
Commentary: as long as 1.1580 is not exceeded the risk of a sink of 1.1520 is important.
Alternative scenario: in excess of 1.1580, aim for a continuation of the rise with 1.1600 & 1.1625 in the line of fire.
Commentary: as long as 1.1580 is not exceeded the risk of a sink of 1.1520 is important.
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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.