The US Dollar has rallied strongly against the Sterling in March.
There is a sense that the dollar is over-stretched and might see a correction.
This is a longer-term trade and supposing this pair falls away in price from the current high, a possible area to buy is the demand zone @~0.66450.
Any move from here may see a bullish extension to ~0.70000.
Potential stop loss @~0.66000
Reward: 7XRisk
There is a sense that the dollar is over-stretched and might see a correction.
This is a longer-term trade and supposing this pair falls away in price from the current high, a possible area to buy is the demand zone @~0.66450.
Any move from here may see a bullish extension to ~0.70000.
Potential stop loss @~0.66000
Reward: 7XRisk