This Pair is running up to the overbought position due to the USD strength, previous support and resistance lines of the Daily and Weekly timeframe suggests if current levels move more upward we wil hit yearly highs that wil give us a nic short position. Entry for a Short position 1.0125 Stoploss 50pips Take Profit 0.98 Risk Reward Ratio 1:5
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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.