Sterling/Ozzie Weekly Perspective (8-12) May 2017
Updated
hey guys
This is the hottest pair in market as its average true range is around 150-200 pips a day.One of our member wanted us to analyze this pair & here we are.
The pair is having a bearish divergence probably looking for a downside if some continuation is seen we would definitely sell this pair unless we see some upward momentum or visa versa.if the pair retest the previous resistance & start heading north we would buy the continuation and its safe to buy this pair because the longer run is telling me that Mr.pip daddy buy this one for a greater move upside.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
This is the hottest pair in market as its average true range is around 150-200 pips a day.One of our member wanted us to analyze this pair & here we are.
The pair is having a bearish divergence probably looking for a downside if some continuation is seen we would definitely sell this pair unless we see some upward momentum or visa versa.if the pair retest the previous resistance & start heading north we would buy the continuation and its safe to buy this pair because the longer run is telling me that Mr.pip daddy buy this one for a greater move upside.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
Note
weekly perspective 15-may-19-may 2017.
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