We fall and we sell
Our pair went into correction and at the moment we are seeing that the pair has found a new resistance level at 1.1850.
We expect further decline after the completion of the corrective movement and the formation of the third downward wave.
We recommend taking short positions, setting a stop-loss above the level of 1,1940 and take-profit below the resistance level. In case of breaking the level up and fixing the price, correction may continue.
We expect further decline after the completion of the corrective movement and the formation of the third downward wave.
We recommend taking short positions, setting a stop-loss above the level of 1,1940 and take-profit below the resistance level. In case of breaking the level up and fixing the price, correction may continue.
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