The pair has moved little lower, but looking with a longer view point, we are approaching oversold levels (not extreme), but below channel. It is difficult to guess how far below the channel we may go, but with a careful approach we should start buying into the weakness slowly.
Strategy BUY @ 18.0000-18.0850 range and take profit near 18.4375.
Strategy BUY @ 18.0000-18.0850 range and take profit near 18.4375.
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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.