Just as the Euro, this pair is currently heading to the upperside, however, according to the daily chart, we should see sellers come in sttrongly expecially after the current bullish rally.
As long as the price remains below the 52 period moving average, we expect nothing but a possible momentum to the lowerside. On this chart, I am stricctly looking for sell positions.
Trade Recommendations:
We're sellers
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Bob Stan
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