The pair as like all others hammered down due to CPI and PPI. Markets are always extending moves, and that creates challenges.
The stochastic as well RSI show that there will be a turnaround the corner. We have moved below the regression channel, which in most cases will realign. Yes, its tough, but with the right leverage we whether the storm nicely and add current levels to create benefit.
Strategy is ADD further between 9.9100-9.9500 again. Profit order for daily chart should be at least 10.3800 area or higher for now. Managed positions is always the key in such dramatic movements, that are overdone. Enjoy the ride.
The stochastic as well RSI show that there will be a turnaround the corner. We have moved below the regression channel, which in most cases will realign. Yes, its tough, but with the right leverage we whether the storm nicely and add current levels to create benefit.
Strategy is ADD further between 9.9100-9.9500 again. Profit order for daily chart should be at least 10.3800 area or higher for now. Managed positions is always the key in such dramatic movements, that are overdone. Enjoy the ride.