A possible short on this pair could either occur when touching the trend line near to our price close to 0.5 fibo or it will break up and will go for year's higher price which is around 1.112. If first, then wait for a small consolidation and slow reversal.
First sell if we have a reversal could be around 1.0970 TP1 1.0700 TP2 parity, 1.010
Case it breaks and go higher then sell would be around 1.112 TP1 1.070 TP2 1.010
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.