The pair is en route 1.1340 on a medium-term basis. It may be slightly overbought, but it is not extreme, and the MACD is positive.
We remain long already since 1.0527 area, and for new entries, we add or start a new position long at 1.0875 and place a stop-loss below 1.0600 for now. Profit objective we adjust each higher level, but for now let's say 1.1178.
We remain long already since 1.0527 area, and for new entries, we add or start a new position long at 1.0875 and place a stop-loss below 1.0600 for now. Profit objective we adjust each higher level, but for now let's say 1.1178.