Technicals:-
W & D TF bearish.
D TF rejected resistance of the bearish channel and continued lower (likely due to stronger USD from 16 Feb's manufacturing index result)
H4 TF shows rejection at 1.20585 at 0600UTC & 1000H UTC.
Higher probability breaking lower once it breaks the 1.20640 support.
Fundamentals:-
Events:
High (17 Feb - 1330H UTC)
Retail Sales...
Technicals:-
W TF
Trend within Bullish Channel
Overly bullish and consolidation is required
D TF
Rejection at S&R Area
H4 TF shows rejection at Resistance area since 0200UTC
Short Fundamentals:-
USD Expected to continue on the bearish trend with the introduction of 1.9trillion stimulus package - the vaccination and improve employment would...