The price of EURUSD was pushed backed to the uprising channel after Non-farm data. technically this channel still valid. now is testing SMA60, if it can standup 30 pips above this MA, it will continue up to test the upper channel line (RED), but there will be not so many space for the price shooting up.
if if can not go beyond the SMA60, will looking for a downside consilidation. S1 will be the support, can this support will hold until Sep FOMC declare that the rate hike.
if if can not go beyond the SMA60, will looking for a downside consilidation. S1 will be the support, can this support will hold until Sep FOMC declare that the rate hike.