We trade by levels
On our chart, as expected, the head and shoulders figure was worked out and the pair was falling to the level of 1.1360, now we are seeing a slight correction. Technical indicators point to a sale, MACD is in the negative zone, and the volume of trades for sale is falling.
We expect that the pair will move to the early line of the uptrend and may turn around from the level of 1.1330, a hike to the level of 1.1305 is also possible. Therefore, we advise you to take short positions and consider with your goals marks near the above levels.
We expect that the pair will move to the early line of the uptrend and may turn around from the level of 1.1330, a hike to the level of 1.1305 is also possible. Therefore, we advise you to take short positions and consider with your goals marks near the above levels.
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