Fundamental View
Unemployment rate = Worst
Jobless Claims = Worst
NFP = Worst
UJ has previously broken the symmetrical channel after trying hard at 111.65 for day or two but
couldn't break that level and rejected viciously.Bears took over and changed the trend towards
downward.Now again it has retraced a bit but on Daily and Weekly TF it has strong rejection at
108.55-108.6.
Expecting a rejection despite the fact that dollar is getting stronger.
Hope we might get what we're expecting :)
#STAYHOME#STAYSAFE.
Unemployment rate = Worst
Jobless Claims = Worst
NFP = Worst
UJ has previously broken the symmetrical channel after trying hard at 111.65 for day or two but
couldn't break that level and rejected viciously.Bears took over and changed the trend towards
downward.Now again it has retraced a bit but on Daily and Weekly TF it has strong rejection at
108.55-108.6.
Expecting a rejection despite the fact that dollar is getting stronger.
Hope we might get what we're expecting :)
#STAYHOME#STAYSAFE.
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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.