How to trade this pair? Her average daily traffic does not exceed the spread. The spread is just a wild - 240 points. And the Friday movement between the high and low - a little more than 100 points. It's just suicidal to Deposit to open trades on this pair.
InstaForex 240 points. And the maximum volatility is only 300-400 points. Even at 80 pips of spread is not much comfort for trading. It's like that to trade pair EUR / USD while volatility per day of 10 points. And this is the best time.
An interesting couple. An unusual choice for trade, frankly. The Tool has a spread of 100 points? Do I understand correctly? if so, then I see no reason for it to trade. if traded, Yes - now is a good to buy signals, I agree. Only I and hard feet.
I'm curious: what are the advantages to trade this particular pair? Watch willing to trade her not so much.
This pair has been ascending you can see the highlights at least can be taken into account that the level 8.390 repeatedly tested , but never passed, and a reversal formation "above and below" is clearly already making itself felt. Level 8.45-46 will be buying
The rest is a struggle with the descending trend, which continues from the end of February. Bullish correction has reached the lows of April 19 - 8,516. That's when the bulls first tried to reverse the downward trend. 10-period Fisher has drawn two bullish histogram. 55-period Fisher is very close to upside reversal.