I am short on this pair. The interest rate
news is coming out in 40 minutes. Honestly, I have not done any fundamental analysis
on this one, and I can see massive signals of sell in this chart. I am publishing this chart to prove how useful technical analysis
can be, that I have an edge even before the news are out, following the market sentiment.
There may be a spike up to 162 - 163 due to volatility
, but the overall trend is downward. My other successful trades can be viewed in my profile, follow the related links below. Good luck.
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