The pair is trading in the lower band of the channel, and feels may go lower. However, based on the technical picture, we are still in BUY mode, and as mentioned yesterday, it is in a large range, and I remain neutral BUY since I have no clear green light to go ahead with being long.
Strategy for those willing: BUY @ 18.2350-18.2850 and take profit near 18.4150 for now. It stalled around there yesterday.
Strategy for those willing: BUY @ 18.2350-18.2850 and take profit near 18.4150 for now. It stalled around there yesterday.
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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.