Sell With Caution

29 ธ.ค. 2019

This is a daily timeframe which might not be suitable for an in-depth analysis but it does provides a blueprint for long term trade. In the mean time, the pair is expected to trade sideways between 109.69 - 109.19. There is a 50 pips leverage in the current zone till we find a direction as we know there are political situations surrounding this pair. Everything is speculation but price formation at this point suggests a huge downfall for the almighty UJ.
SL is advised at 109.80