This pair is probably bullish, but at this level, It's very hard to have a bias. A break of support will change the trend.
This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates.
If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look at my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.
Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates.
If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look at my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.
Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
Comment:
Wednesday Feb 1
A break of support, more downmoves towards 0.7160 area.
A break of support, more downmoves towards 0.7160 area.
Comment:
Thursday Feb 2
Still expecting down trend.
Still expecting down trend.
Comment:
Friday Feb 3
Expecting a downmove to reach the 0.7160 support.
Expecting a downmove to reach the 0.7160 support.
Sideways, waiting for a break of SR