Forecast:
If the price fails to break above 1.09500, a downward move towards 1.08500 is expected.
A break below 1.09000 could accelerate the bearish momentum.
Trading Strategy:
Sell near 1.09500, targeting 1.08500.
Stop-loss: Above 1.09600 to manage risk.
If the price fails to break above 1.09500, a downward move towards 1.08500 is expected.
A break below 1.09000 could accelerate the bearish momentum.
Trading Strategy:
Sell near 1.09500, targeting 1.08500.
Stop-loss: Above 1.09600 to manage risk.
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.