The pair has failed to break 121.158 level, and the price shous us a spinning bottom on 1h chart.
I suggest to buy with a stop loss below 121.10, target at 121.275
Timing stop is essential, as in case if the market participants will react on the current price action as on a triangle breakout, move down towards 120.750 is possible.
I suggest to buy with a stop loss below 121.10, target at 121.275
Timing stop is essential, as in case if the market participants will react on the current price action as on a triangle breakout, move down towards 120.750 is possible.
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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.