The selling pressure is reducing and in fact breaking the Aroon upwards, suggest we may see a turnaround short-term.
Judging history also helps to suggest that the signal MA crossing upwards is a sign of the trend change. besides it was quite a swift move down, and this also helps to support the view.
For now I suggest BUY current @ 0.8410-0.8415 and take profit @ 0.8497. Stop-loss below 0.8375 for now.
Judging history also helps to suggest that the signal MA crossing upwards is a sign of the trend change. besides it was quite a swift move down, and this also helps to support the view.
For now I suggest BUY current @ 0.8410-0.8415 and take profit @ 0.8497. Stop-loss below 0.8375 for now.