Price may continues it bullish movement till 0.7540+- early of the week till Fed’s Powell testifies on Thursday 1200am (MYT).
As if managed to breakout of the resistant zone but rejected as indicated approach, look for sell opportunity till 0.7400+-.
Australia employment data is set to release on Thursday 930am.
Remarks from author
1)This analysis does not represent long or short trade immediately, it is solely on the author analysis
2)Trade at your own risk with proper lot sizing and follow your own trading plan
3)Risk management is always be the top priority
As if managed to breakout of the resistant zone but rejected as indicated approach, look for sell opportunity till 0.7400+-.
Australia employment data is set to release on Thursday 930am.
Remarks from author
1)This analysis does not represent long or short trade immediately, it is solely on the author analysis
2)Trade at your own risk with proper lot sizing and follow your own trading plan
3)Risk management is always be the top priority