Yesterday's price action produced a bearish engulfing on the daily chart. This also confirms the bearish gartley pattern published earlier and potential move towards 1.1000 area. A strong NFP tomorrow will push it down while a weak report will invalidate this SHORT setup.
Comments
kenedykross
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I noticed h4 is stuck at support (previous resistance). i'm in trouble bought a large lot at 1.11622. any chance to go up and close at BEP?
DonValdez08
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today's pivot is at 1.11698 and R1 at 1.11992. there's a chance it might hit it on US opening specially if US jobless claim will diappoint at 8:30AM (Eastern Time)