Long positions above 1.1195 with targets 1.1250 & 1.1270 in extension.
Below 1.1195 look for further downside with 1.1165 & 1.1150 as targets.
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Stochastic oversold. Risk management in priority.
Below 1.1195 look for further downside with 1.1165 & 1.1150 as targets.
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Stochastic oversold. Risk management in priority.
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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.