Potential Bat pattern forming at 1.3350
This pair has been in down trend and my bias remains bearish on this pair considering the reduction in expected rate hikes this year.
Targets:
TP1: 1.3191
TP2: 1.3086
This week we have some important data being released for the USD e.g. CB consumer confidence and a speech from Yellen on Tuesday. Followed by Non farm employment data, average hourly earnings and unemployment rates. These are things to to look out for.
This pair has been in down trend and my bias remains bearish on this pair considering the reduction in expected rate hikes this year.
Targets:
TP1: 1.3191
TP2: 1.3086
This week we have some important data being released for the USD e.g. CB consumer confidence and a speech from Yellen on Tuesday. Followed by Non farm employment data, average hourly earnings and unemployment rates. These are things to to look out for.
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