Given the pair continue trading at lows below 1.0830, the 1.0815 and the 1.0800, followed by 1.0790-95 horizontal support, are likely crucial supports to watch, which if broken can further drag it to 1.0730-25 support-zone, including 23.6% Fibonacci Retracement of its June month slide. Should the pair reverses its recent breakdown, on near oversold RSI, the...
0 support for that pair for tomorrow , my trade 134.00 tp.
Before they met Still stick to 2069 U.S. Federal Reserve policy-makers are expected to hold interest rates steady when they meet this week, but may tweak their description of the economic outlook to reflect more benign conditions, leaving the path open for future rate rises.
Eu is on second bearish wave on four hrs which gives more room for bears till the next strong resistance is cleared
USD/CAD re-approaches 9-month lows after Canadian data
This will as usual go back to .076 if not lower and then high again to 0.83
trade with responsibility................. You are the own boss.
Actually, the bearishness remains favoured after breaching the corrective trend line, but we will avoid trading the pair today due to continuous rumours about the BOJ interventions, which are not affirmed. Any breaks below 110.65 will argue bears to resume their bearish trip. Support: 111.60-111.05-110.80 Resistance: 112.00-112.40-113.00 Direction: Bearish, but we...