Since the beginning of today's trading session the dollar has continued to strengthen and the Dollar index reached the level of 92.69.
According to our pair we see that the price has corrected from the level of 1.1920 to the level of 1.20 and then rushed down again. We expect a continuation of the downward movement for our pair.
Technical indicators confirm entry for short positions. The stochastic is turning and the MACD is in the negative zone.
This is why we advise to hold short positions on our instrument and consider the point of exit near the levels of 1.1860 and 1.1820.
