Price has reached structure support region of the uptrend. This region will be the decision point here for price, as if price remains to hold here a move back to the upside may occur. However if price breaks the structure zone to the downside with a bearish candlestick, & retests the zone as resistance then we can look for further downside movement & shift of trend.
Tomorrow is the USD consumer confidence news that will bring some volatility to this pair. All the best, & make sure to follow your tradings plan accordingly !
Tomorrow is the USD consumer confidence news that will bring some volatility to this pair. All the best, & make sure to follow your tradings plan accordingly !
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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.