This pair will most likely try to push lower towards the next level of major support. For the most if you tend to trade more conservatively you can enter at the highest level of resistance, however there is no garuntee that it will reach that level. Although in the event it does reach that level it would be wise to wait and make sure there isn't a break & close above it.
For those that are would like to take a more aggressive position on this trade, enter at the closest area of resistance.
For those that are would like to take a more aggressive position on this trade, enter at the closest area of resistance.
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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.