The instrument has moved significantly low and we can determine this from the higher time frames on Weekly/Daily and 4hourly. Bears have overtaken the pair by a storm looking for further downside movement from now on till next week.
Be causious of fundamental analysis and enter trades once a clear brake has been defined on higher time frames however look on smaller time frames for a better entry point.
Place stop loses and take profits and WALK OFF.
Be causious of fundamental analysis and enter trades once a clear brake has been defined on higher time frames however look on smaller time frames for a better entry point.
Place stop loses and take profits and WALK OFF.