As posted few days ago it was expected another fall in this pair. However the recent price action has developed a bearish triangle where it was trapped in an a,b,c,d,e structure to finish corrective wave B before selling off in wave C.
Today's NFP announcement seems to have helped completing this structure.
This is only for educational purposes only.
Today's NFP announcement seems to have helped completing this structure.
This is only for educational purposes only.
Trade active:
already market got a strong reaction, next week will be key