Last week NFP data caused a significant impact and brought the currency pair back below 1,0800.
There is no major dollar news this week and we will be watching technical grounds for an entry.
Upon a correction to 38.2 on the momentum drop and pullback we will be looking to sell.
The target is a test and break of the previous daily low of 1.0722.
The downtrend is broken on a break above 1.0900.
There is no major dollar news this week and we will be watching technical grounds for an entry.
Upon a correction to 38.2 on the momentum drop and pullback we will be looking to sell.
The target is a test and break of the previous daily low of 1.0722.
The downtrend is broken on a break above 1.0900.
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade