I am not very convinced that we will turnaround as yet. The issue being, longer-term charts showing still negativity for the pair for 6-hourly and beyond. The 3-hourly chart seems to have some positive indicators, and its oversold slightly. That is why am a careful BUY, and prefer neutral stance.
1. Strategy BUY @ 18.0750-18.1150 and take profit near 18.2750
2. Strategy SELL @ 18.1500 - 18.1850 and take profit near 17.9850 based on 6-hourly chart.
1. Strategy BUY @ 18.0750-18.1150 and take profit near 18.2750
2. Strategy SELL @ 18.1500 - 18.1850 and take profit near 17.9850 based on 6-hourly chart.
Trade closed: target reached
exit at 18.2475.
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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.