If it breaks and closes below that support an opportunity to short may present itself A bullish JPY also supports this trade.
Positive ADP employment moved price to the R1 pivot A rejection of this level could provide a short opportunity.
Negative retail sales release this morning for EUR. Alot of US data to be released during the day. If the data release is positive, it could drive price down below my 0.786 fib level. A strong close will create a great selling opportunity.
If price closes the gap which is also on a pivot level. An opportunity to short may present itself.
A close below the 0.236 fib level will create a good opportunity to short this pair As well as Nzd being fundamentally weak.
Price rejected my support at 107.893 As well as hawkish FOMC tone.
A break of that level would provide a good long trade
An almost perfect bounce off my former support
Price is currently rejecting the 0.786 Fibonacci level. A solid break and close above this level could provide a good opportunity for a long position.
Looking for an entry if my former support at 1.41261 is broken
Break, retest continuation of the daily trendline.