The 0.7000 handle has historically generated a lot of interest among both and Bulls and Bears of this Currency pair.
This hot price cannot be ignored and can quickly become a scalpers paradise with lot of sharp movements around the 0.7000 area.
Our view is that a sharp pull-back is expected below 0.7020 for a 50-75 pips.
This hot price cannot be ignored and can quickly become a scalpers paradise with lot of sharp movements around the 0.7000 area.
Our view is that a sharp pull-back is expected below 0.7020 for a 50-75 pips.
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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.