The pair is trading inside a triangle formation. We have tested the resistance level. So we can expect a sell rally if the resistance holds on. So we will have a tight stops and trade a short position. With good risk to reward ratio. So lets see what the market does in the coming weeks. Cheers!
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.