the exotic pair traded in a side ways ranging market for a long period of time, last week we witnessed a breakout to the upside
in which a bullish momentum is gained.
a retest was made by the pair during the Asian session today!! and the critical level acted as a great support.
a potential bounce can be seen from the current levels or from 1.6505 level.
the stop loss to this trade is a 4 hours candle closing below 1.6400 level with a great risk to reward ratio, since we are waiting this pair to target 1.7000 as a first target
in which a bullish momentum is gained.
a retest was made by the pair during the Asian session today!! and the critical level acted as a great support.
a potential bounce can be seen from the current levels or from 1.6505 level.
the stop loss to this trade is a 4 hours candle closing below 1.6400 level with a great risk to reward ratio, since we are waiting this pair to target 1.7000 as a first target
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.