Trade Idea
Bespoke support is located at 1.1274.
Daily Ichimoku Cloud top acted as support yesterday.
The selloff has posted an exhaustion count on the intraday chart.
Buying posted in Asia.
There is scope for mild selling at the open but losses should be limited.
Preferred trade is to buy on dips.
We look to Buy at 1.1274
Stop: 1.1239
Target 1: 1.1410
Target 2: 1.1448
Bespoke support is located at 1.1274.
Daily Ichimoku Cloud top acted as support yesterday.
The selloff has posted an exhaustion count on the intraday chart.
Buying posted in Asia.
There is scope for mild selling at the open but losses should be limited.
Preferred trade is to buy on dips.
We look to Buy at 1.1274
Stop: 1.1239
Target 1: 1.1410
Target 2: 1.1448
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