Someone had told me not to update this pair, as it was not useful :)
Well, I love looking at charts and trying to dissect it and come to conclusions. Yes, it is a quiet pair, and for good reasons.
Fundamentally we should move higher, but technically it points going towards 10.50-9.00 over time. I still am convinced to be short, and SELL in rallies that may happen. For now sell between 14.25 and 16.50 for medium-term objective as stated.
Well, I love looking at charts and trying to dissect it and come to conclusions. Yes, it is a quiet pair, and for good reasons.
Fundamentally we should move higher, but technically it points going towards 10.50-9.00 over time. I still am convinced to be short, and SELL in rallies that may happen. For now sell between 14.25 and 16.50 for medium-term objective as stated.