The pair had some corrections, and now it feels we may see higher levels before going lower. The indicators MACD, and Fisher form suggest we may see movement first towards 2.0650-2.0700, however, we are seeing "negative divergence" higher prices vs ,lower overbought RSI. That is why I prefer sell into higher levels when seen.
Strategy SELL @ 2.0750-2.0790 and take profit near GANN 2.0475 for now.
Strategy SELL @ 2.0750-2.0790 and take profit near GANN 2.0475 for now.
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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.