We never know what to expect from our monthly Non-Farm Payroll report (and accompanying news) but here are a few predictions on the higher timeframe that are worth keeping an eye on.
We have 2 potential bat patterns setting up on this pair. A potential down at 1.0580's and a potential one up at 1.1380's.
Something that I truely enjoy about being a trader vs. an investor is the fact that we get to act like a mercenaries in the markets. Meaning in situations like this we're not concerned if the market will go up or down, because we have a plan to attack either situation. Good luck out there today gang and please remember to hit that "thumbs up" button before leaving. I really do appreciate the support!
Chief Currency Analyst & Head Trading Coach
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