I have not updated much on the pair since it remained very quiet and was looking for higher levels as being a possibility.
The long-term picture is still very much overbought, and yes, it can go higher a bit more. The strategy is therefore selling into the upmove slowly.
Fopr now we sell @ 15.50-15.75 window and add 16.75-17.00 when seen. The over all objective still stands at 10.50-9.00.
The long-term picture is still very much overbought, and yes, it can go higher a bit more. The strategy is therefore selling into the upmove slowly.
Fopr now we sell @ 15.50-15.75 window and add 16.75-17.00 when seen. The over all objective still stands at 10.50-9.00.