It is not possible to predict the future direction of any currency with complete accuracy. However, traders can use technical analysis and fundamental analysis to identify trends and patterns that can provide insight into future market movements.
There are several risk management strategies that traders can implement, such as setting stop-loss orders, diversifying investments, and only risking a small percentage of the trading account on any single trade. Additionally, traders can also use automated tools such as risk management software to help monitor trades and limit losses.