I will be slowly adding hear @ 1.1000-1.1050 to the already shorted 1.0920-1.0940 area. The market is overbought and yes, it does look we may see little higher, but the idea is to build a medium-term short currently.
The RSI daily is starting to look overdone, and MACD positive. We are moving upwards from support area we had seen last week. The channel is quite wide, but New Moon phase helps in the believe we should see correction down. Pl;ace stop-loss if you wish above 1.1117.
The RSI daily is starting to look overdone, and MACD positive. We are moving upwards from support area we had seen last week. The channel is quite wide, but New Moon phase helps in the believe we should see correction down. Pl;ace stop-loss if you wish above 1.1117.