ISSN: 2056-3736 (Online Version) | 2056-3728 (Print Version)


We are currently sitting at 1.15871 in a channel inside a trend. We expect to continue correct and then to the R6 resistance at 1.6024 with a possibility of a move to the 1.6157-1.6197. The average daily true range (ATR) for the pair currently is 139 pips.

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By Theodoros  Batsoulis
Technical Analyst
Risk Market