TP: 1.59 (1100 pips)
SL: 1.710 (100 pips)
- Severely overbought conditions and heading toward strong weekly and MACD resistance.
- TD sequential will generate a 9 and possible 13 count around 1.70 area.
- 1.7 strong psychological level.
- Watch for AUDUSD and AUDJPY bounce at 0.60 and 70.20 respectively for confirmation. Possibly EURUSD reversal before 1.12, otherwise trade invalidated.
SL: 1.710 (100 pips)
- Severely overbought conditions and heading toward strong weekly and MACD resistance.
- TD sequential will generate a 9 and possible 13 count around 1.70 area.
- 1.7 strong psychological level.
- Watch for AUDUSD and AUDJPY bounce at 0.60 and 70.20 respectively for confirmation. Possibly EURUSD reversal before 1.12, otherwise trade invalidated.
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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.
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.