UPDATE
4H
We are still consolidating and this is not the time to enter but rather the time to wait for a breakout of either direction.
1H
We are in the middle of a channel but we are consolidating. If we follow the possible formation of the channel we expect a bull run to 152.20 which will be a break of the highs and a point to look for trades to enter.
15Min
That trade idea placed is very poor and not one to take, especially where UJ and NFP week are involved as high volumes of volatility can kick in whenever high demand is supplied.
4H
We are still consolidating and this is not the time to enter but rather the time to wait for a breakout of either direction.
1H
We are in the middle of a channel but we are consolidating. If we follow the possible formation of the channel we expect a bull run to 152.20 which will be a break of the highs and a point to look for trades to enter.
15Min
That trade idea placed is very poor and not one to take, especially where UJ and NFP week are involved as high volumes of volatility can kick in whenever high demand is supplied.