Short positions below 1.3010 with targets @ 1.2940 & 1.2910 in extension.
Above 1.3010 look for further upside with 1.3045 & 1.3065 as targets.
Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Stochastic into overbought area. Money management in priority.
Above 1.3010 look for further upside with 1.3045 & 1.3065 as targets.
Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Stochastic into overbought area. Money management in priority.
Note
1.29190
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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.