The counter has confined its price action to a range of 1.11078-1.10640.
It is awaiting cues from the Jackson Hole symposium to make a decisive move.
However, we expect a bearish move in the counter if it breaks the support of 1.10640.
The break could propel the pair to the support of 1.10267.
It is awaiting cues from the Jackson Hole symposium to make a decisive move.
However, we expect a bearish move in the counter if it breaks the support of 1.10640.
The break could propel the pair to the support of 1.10267.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.