Looking at a potential bounce coming up near the 1.12 handle. We have a clear psychological response to this near 2 year low in the double bottom formed between March 7 and April 2 candles. The pair appears to be in a move toward this number again today and into tomorrow with a sharp response to breaching this support being quite likely.
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.