Breakdown Upper trend line!
Though yesterday, we have had witnessed of buying of this pair, however, in today’s trading ( so far ) the pair has broken down important uptrend line.
Thus we will accompany on this trend could be bit anti-trend trade, however, have a strong retrospect trend line break out the impact.
In a nut shell, we view to sell the pair from 111.68 with sl. 11.83 and tp around. 111.19.
On the contrary break up of sl would open the way of 111.93&112.01 respectively.
Please hold stop-loss tightly in order to save your equity from any abrupt move in favoring of buying!