Downtrend continues. Locally the pair is undergoing correction.
Estimated pivot point is at a level of 0.9778.
Our opinion: In the short-term – buy the pair above the level of 0.9778 with the target of 1.0055 – 1.0130. In the medium-term: wait for the completion of the correction and sell the pair with the target of 0.95.
Our opinion: In the short-term – buy the pair above the level of 0.9778 with the target of 1.0055 – 1.0130. In the medium-term: wait for the completion of the correction and sell the pair with the target of 0.95.
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