This cross is not a fast moving one. Looking at it gives me memories of severe market volatility.
The current level is interesting for buying levels, but one should wait little bit as strength of CHF may be adding to some downward pressure due to GOLD price strength.
For now I suggest buy 0.9950-0.9975 but place a stop loss below 0.9875. The profit order I think somewhere 1.0778.
The current level is interesting for buying levels, but one should wait little bit as strength of CHF may be adding to some downward pressure due to GOLD price strength.
For now I suggest buy 0.9950-0.9975 but place a stop loss below 0.9875. The profit order I think somewhere 1.0778.