hey guys,
The pair made a strong impulse after making a new low of this week & the upside move is getting exhausted we also have a bearish divergence you know it if your are using macd4c. If you have a strategy you can sell this pair move trades to break even and wait.I personally think its inside a trend reversal pattern & it will go south. we also have the DXY to go further down.But we need a confirmation to do that we need a trend continuation pattern to know the potential of the trade.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
The pair made a strong impulse after making a new low of this week & the upside move is getting exhausted we also have a bearish divergence you know it if your are using macd4c. If you have a strategy you can sell this pair move trades to break even and wait.I personally think its inside a trend reversal pattern & it will go south. we also have the DXY to go further down.But we need a confirmation to do that we need a trend continuation pattern to know the potential of the trade.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
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