Optimism in U.S. - China trade deal caused a selling pressure in the parity. United States Non-Farm Payrolls and ISM Non-Manufacturing PMI were above the expectations, thus, this downward pressure remained limited. Along with the recent purchases in response, if the parity stays above 19.1655 level, possible upward movements up to 19.2560 - 19.3565 resistance levels will be on our radar. On the other hand, in case of possible retreats, 19.1655 support level might have a limiting effect.
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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.