FXstreet.com (Barcelona) - After falls around 100 pips along the Asian session from the 1.3266 to 1.3160, intraday low. Currently, the pair is trading around 1.3160/70, losing 0.41% from today's opening price at 1.3226.
Yesterday the pair fell 0.34% from the 1.3266 opening price, reaching 1.3298 as maximum and 1.3146 as minimum, to close at 1.3223.
Nicole Elliot, Analyst at Mizuho Corporate Bank, says: Comment: Stuck below the top of the Ichimoku 'cloud' and note that it gets very thin next week. A sustained break above 1.3400 might turn momentum bullish.
Elliot advices us with her strategy: Buy at 1.3185; stop well below 1.3100. Add to longs on a sustained break above 1.3400 for 1.3600 and then more.
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