The pair has been in a large range of the last few months - typical in summer trading.
Strong resistance in the pair comes in between 1.1390-1.1465 which were previous swing highs showing confluence with the top of a mostly sideways channel.
Rallies to 1390/1400 offer good shorting opportunity for a move to the bottom of the range sub 1.0800
Strong resistance in the pair comes in between 1.1390-1.1465 which were previous swing highs showing confluence with the top of a mostly sideways channel.
Rallies to 1390/1400 offer good shorting opportunity for a move to the bottom of the range sub 1.0800
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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.