As posted few days ago it was expected another fall in this pair. However the recent price action has developed a bearish triangle where it was trapped in an a,b,c,d,e structure to finish corrective wave B before selling off in wave C.
Today's NFP announcement seems to have helped completing this structure.
This is only for educational purposes only.
Today's NFP announcement seems to have helped completing this structure.
This is only for educational purposes only.
Trade active
already market got a strong reaction, next week will be key
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Related publications
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.