Technicals:- W & D TF bearish. D TF rejected resistance of the bearish channel and continued lower (likely due to stronger USD from 16 Feb's manufacturing index result) H4 TF shows rejection at 1.20585 at 0600UTC & 1000H UTC. Higher probability breaking lower once it breaks the 1.20640 support. Fundamentals:- Events: High (17 Feb - 1330H UTC) Retail Sales...
Technicals:- W TF Trend within Bullish Channel Overly bullish and consolidation is required D TF Rejection at S&R Area H4 TF shows rejection at Resistance area since 0200UTC Short Fundamentals:- USD Expected to continue on the bearish trend with the introduction of 1.9trillion stimulus package - the vaccination and improve employment would...