Price is approaching a resistant level around the 1.53018 region, where i would look for possible short opportunities, as that level has been respected twice previously. With stop loss at 1.53573, in case of a breakout.
Risk reward ratio is a little over 3.
Risk reward ratio is a little over 3.
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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.