The pair likely will maintain a wide range between 18.1250 - 18.4850 area for coming week, I feel. the stochastic is low and looks like we may turn a bit, which means short-term we may see a move back towards 18.3950. the over all picture is we may see move lower as long we remain below 18.4950 area.
1. Strategy BUY @ 18.2150-18.2500 and take profit @ 18.3875
2. Strategy SELL @ 18.3750-18.3950 and take profit @ 18.1950.
SL make it 1%-1.25% of your capital employed.
1. Strategy BUY @ 18.2150-18.2500 and take profit @ 18.3875
2. Strategy SELL @ 18.3750-18.3950 and take profit @ 18.1950.
SL make it 1%-1.25% of your capital employed.
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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.