This pair is still negative although the the very recent attempts to break above 150.00 level, the pair retraced quickly below 150.00 and it is for shorting, the bottom is 147.00 (Weekly) , the bottom 148.90 (Daily). I am not working this week
Weekly outlook updated:
Pair is confined between 150.50 and 147.00 and Negative
Monitor the above levels to decide trades
Weekly outlook updated:
Pair is confined between 150.50 and 147.00 and Negative
Monitor the above levels to decide trades
Note
If you noticed the pair behavior for today or yesterday, it takes ages to go higher but it takes price down swiftlyNote
If pair stay well below 149.48 it will gain more negativity and break down to 148.30Note
Price inched lower below 149.48 only 6 pips and reversed higher to 149.60's again, if price is below 149.48 and well contained then eye around 100 pips todayNote
American Session Trading Rage is 150.10 - 149.40 any break below or above will see at least 100 pips runNote
149.85 is proven to be the strong level high for the American Session, here selling against that level is really lucrative and liquidating all position very close to 149.50, whales can sell each time it goes high and craft pips as fast as they can, what a market!... Keep in mind that break below 149.48 - 149. 40 level will be another story to enjoy pips on the south till 148.30
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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.