Pair gets determined

On the chart, we see that the pair pushed off from the level of 1.13. Now the pair is below the MA (120), which indicates a downtrend, but we believe that a correction to the level of 1.1355 is possible.

Therefore, we advise you to wait until the end of the correction and take short positions in a pair considering your goals near the levels of 1.13 and 1.1250.
Beyond Technical AnalysisEURForexTechnical IndicatorsSELLshortTrend AnalysisUSD

Also on:

Disclaimer