Possible entry around .77660, this will likely be influenced by the high impact news around 8a.m GMT. So be careful when entering this pair as it may break out to the downside. However, technicals do point that it will go up based on the trend.
For a more conservative option than a buy limit, perhaps monitor the outcome of the news.
Thanks
Trade with Care
:)
For a more conservative option than a buy limit, perhaps monitor the outcome of the news.
Thanks
Trade with Care
:)
Note
CADCHF- not sure if this support level will hold. I removed my buy limit before news hit and I will wait to see what structure develops. But my gut feeling says that it will breakout to the downside
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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.