Price has recently consolidated around the 1.13 zone. Overall price is in a down trend, but has hit a signifiant support zone.
A move to the down side will see a sell stop at 1.119 right down to the 1.06 zone
A move to the upside will see a buy stop from the 1.153 right up to the 1.23 area.
Both offer good risk reward.
A move to the down side will see a sell stop at 1.119 right down to the 1.06 zone
A move to the upside will see a buy stop from the 1.153 right up to the 1.23 area.
Both offer good risk reward.