I suggested selling the pair last week at 0.8240; however the pair hasn?t reached my limit
![](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBb0J6IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--ba12fe58138b9392b34a2faa2743bd52d9c18d6b/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--d4026b52d9aa7a676b3d70dbe31c85d930184392/kga08anp_400x400.jpg)
Pepperstone
I suggested selling the pair last week at 0.8240; however the pair hasn?t reached my limit. I would cancel this recommendation and wait to see how things materialise from here; especially given the ten-day RSI has printed a higher high, while price has printed a higher low. This could indicate a reversal as such; however both the current fundamental and technical picture still suggests selling on rallies. The pair will be in play today with Eurozone current account at 20:00 AEST, UK CPI (expecting no change at 2%) at 20:30 AEST and the ZEW business survey.
![Chris Weston](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBb0J6IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--ba12fe58138b9392b34a2faa2743bd52d9c18d6b/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--d4026b52d9aa7a676b3d70dbe31c85d930184392/kga08anp_400x400.jpg)
Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...
Expertise
![Chris Weston](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBb0J6IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--ba12fe58138b9392b34a2faa2743bd52d9c18d6b/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--d4026b52d9aa7a676b3d70dbe31c85d930184392/kga08anp_400x400.jpg)
Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...