No change in view. I feel we will move lower to reach around 1.0500 handle short-term. We are below CLOUD resistance and this creates sell pressure.
The RSI is neutral to negative and DMI is negative still.
For now, SELL @ 1,0725-1.0750 and place stop-loss above 1.0865 (trend line). Profit order @ 1.0527.
The RSI is neutral to negative and DMI is negative still.
For now, SELL @ 1,0725-1.0750 and place stop-loss above 1.0865 (trend line). Profit order @ 1.0527.