The currency pair seems a little more settled now.
The GANN support 10.97 and resistance 13.50 is our defined playing field for now.
The stochastic turns positive, and looking at correction I feel we may start looking at long position with a stop below $ 10.50.
We will likely return $ 13.50-13.75 > 15.50.
Strategy BUY 11.25 - 12.00 and take profit 13.50 > 13.75 with stop-loss 10.50. No doubt it will be a wild ride, so play safe and very small.
Long-term SELL at 13.50-15.00 no change in view and take profit below 10.00.
The GANN support 10.97 and resistance 13.50 is our defined playing field for now.
The stochastic turns positive, and looking at correction I feel we may start looking at long position with a stop below $ 10.50.
We will likely return $ 13.50-13.75 > 15.50.
Strategy BUY 11.25 - 12.00 and take profit 13.50 > 13.75 with stop-loss 10.50. No doubt it will be a wild ride, so play safe and very small.
Long-term SELL at 13.50-15.00 no change in view and take profit below 10.00.