The Pair is trading along its limits waiting a move upward this week -
you can enter Buy upon break of falling trendline or if price retreated to the support level shown ( must be before the break of trend )
backup of idea : Please watch USD dollar news this week especially ISM manufaturing index ,interest rate decision and NFP payrolls which reflects to imminent move in the Market.
ISM Manufacturing excpected lower than last month ( adds to USD weakness)
NFP excpected lower around 15~18% than last month ( adds to USD weakness)
all with the FED keeping the interest rate unchanged as excpected
you can enter Buy upon break of falling trendline or if price retreated to the support level shown ( must be before the break of trend )
backup of idea : Please watch USD dollar news this week especially ISM manufaturing index ,interest rate decision and NFP payrolls which reflects to imminent move in the Market.
ISM Manufacturing excpected lower than last month ( adds to USD weakness)
NFP excpected lower around 15~18% than last month ( adds to USD weakness)
all with the FED keeping the interest rate unchanged as excpected
Trade active
Target : 1.2700
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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.
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.