Long position
Double bottoms formation. Neckline as been breached but looks like its pulling back. I've a set price alert at 0.65117 and will reassess the direction of the pair. If you're using this as advice, do not buy just yet. Wait for that price alert and then go from there.
Also you have core retail sales data coming out today from the US at 1:30pm GMT (London). If the forecast is beating we could see a strengthening of the US dollar. Weak data means a weakening of the dollar.
Also you have core retail sales data coming out today from the US at 1:30pm GMT (London). If the forecast is beating we could see a strengthening of the US dollar. Weak data means a weakening of the dollar.
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