The pair had a very good run up, and the current pattern resembles a 'falls bull flag'. This suggests we may see a reasonable pullback, and the stochastic is on the high side as well, but still positive.
Strategy SELL @ 11.8350-11.8650 and place SL @ 11.9150 (financial stop) and take profit @ 11.6550 for now.
Strategy SELL @ 11.8350-11.8650 and place SL @ 11.9150 (financial stop) and take profit @ 11.6550 for now.