zone_to_zone

zone_to_zone

Following on from my last analysis - we are still consolidating. We had a small break out to the upside this morning, now looking at a move back down to the support levels - range-bound trading. Minor news today - still focused on US GDP on Thursday. Keep an eye on euro and US news headlines as well as DXY. The tension between China and US remains high!

zone_to_zone

Continuing on from my last analysis - we have now seen the break and re-test after we made a gap in the market, so next we wait to see what price action does. We have US GDP news this week along with continued trade talks. I would expect to see more consolidation until Thursday.

zone_to_zone

Looking for either a break and retest of the purple box to continue up otherwise we will see more range trading for the next few weeks. Influences: US GDP data release on Thursday China Trade War Trump Twitter