This pair has been making lower highs and lower lows. The trend is down, for now.
Chart below:
Price has to day made a move down through the averages and I am looking to enter short on a pull back.
Levels and Chart below:
1st Entry 1.2925
2nd Entry: 1.2935
Averaged Entry: 1.2930
Stop Loss: 1.2970
Target: 1.2730 (5%)
I will update again if and when the trade is triggered.
Regards
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