The pair dropped during early trading to trade near the key support
areas 1.5900 while the RSI is floating sideways with a distinct sell
saturation on the developed MACD and also the pair has not succeeded
in trading the highest of the 14 averages so far
So far we can not enter into a buy before the completion of the terms
of purchase while the current trading levels can not be sold in the
presence of a clear sell saturation so we prefer to complete the
terms of purchase and is supposed to return the pair to trade higher
1.5952 will give us a positive look that prompts us to enter the
purchase with close targets
Trading Recommendation
Buy the pair from 1.5952
Stop loss 1.5870
Take the first profit 1.5975
Take Second Profit 1.5988
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