We moved lower based on all USD movements and some decline in precious metals.
I still remain the view of buying for a larger move upwards at current levels 0.7200-0.7225 (add to positions if bought yesterday 0.7250-0.7260). As a note the 4-hourly is slightly negative, so I hope we can remain above the stop level.
Keep the stop-loss at < 0.7187 below and profit objective 0.7550.
I still remain the view of buying for a larger move upwards at current levels 0.7200-0.7225 (add to positions if bought yesterday 0.7250-0.7260). As a note the 4-hourly is slightly negative, so I hope we can remain above the stop level.
Keep the stop-loss at < 0.7187 below and profit objective 0.7550.
I still like it overall, but the breach of 0.7184 may cause lower levels to be seen. will revert on this one.