Confluences for Trade: - Stochastic Overbought momentum (1D, H4, H1) - Strong Selling area (since June 18, price has been sold down from this area) - Fundamentally, yet to see actual progress in Brexit negotiations; so far all we are hearing are reports are saying this and that. Add on, a risk off play may be likely if the Democrats take over the House of Representatives.
Suggested Trade: Entry @ Area of Interest: 148.20 - 149.20 SL: 149.76 TP: 146.18 RR: Approx. 2.09 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Disclaimer: The personal opinion above does not constitute as an investment advice. Any decisions taken based on the above opinion is purely at your own risks. DYOR.
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