At the moment the currency pair is in a correction of the recent declines in the level of 1,1712-1,1155. Demand has a chance to bring the course to the level of 1,1277-82 (23.6% fibo) and 1.1367 (38.6% fibo.).
A variant of the correction seems to be the preferred option. However, keep in mind that tomorrow we have a lot of data from Europe and the US, which might sail discussed the direction of the currency pair.
A variant of the correction seems to be the preferred option. However, keep in mind that tomorrow we have a lot of data from Europe and the US, which might sail discussed the direction of the currency pair.