2016Sep12 I expect the price to drop to around the 1.1182 level.
Stop at 1.1269.
The price has already retraced to the 38.20% fib level after the most recent drop of approx 30 pips.
Lower highs.
RSI is still dropping.
Stop at 1.1269.
The price has already retraced to the 38.20% fib level after the most recent drop of approx 30 pips.
Lower highs.
RSI is still dropping.
Comment:
Well that was disappointing. It would appear the Brainard speech had quite an effect on the pair.