Through out the day and since yesterday, the currency pair has established a Support zone of above 108.410 and a resistance zone of below 108.720.
Following that and the RSI of about 70 and a MACD thats about to converge i believe this currency pair is about to take a dip of at least 10pips.
This would be a good opportunity to place a Sell/Short minimum 10pips if you are being consertive and 20pips if not.
Following that and the RSI of about 70 and a MACD thats about to converge i believe this currency pair is about to take a dip of at least 10pips.
This would be a good opportunity to place a Sell/Short minimum 10pips if you are being consertive and 20pips if not.
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