Due to NFP numbers from last week, look for potential buy opportunities in the 1.21629 area to at least 1.23500
It looks like the EUR is pretty much beating the USD for the most part, so until that changes, I will be looking to buy at the retest level.
Based on my technical analysis, the JPY has more strength than the USD so I am looking for a long term sell position once it breaks and retest the major S/R level.
Looking for about 300 pips before a re-entry for the upside.
Looking for an overall uptrend for at least 30 days.
Looking for it to either break and retest
1hr support and
resistance or continue
in an uptrend continuation and
by respecting the trend and
reaching the 11326 area.
Each eclipse is an entry point based on the 1hr support and resistance identified by the yellow dashed horizontal lines.