Our View: Enter long (Buy) position above 1.3795 with targets @ 1.3873 & 1.3917 in extension. Alternative outlook: Enter Short (Sell) Below 1.3772 for further downside with 1.3755 & 1.3705 as targets.
Why to go long: the RSI is turning up, the pair has rebounded from its support and should post a further up move.
Leave a Reply