Jan 4 2017:
Expect major resistance at 1.3300 prior to Non-Farm. Prediction on favorable USD news is slow consolidation towards Friday news, with slight upward trend. Towards release, large bear wicks should form, prior to the main push up toward 1.3400. Be aware that aggressive bear wicks will stop out many buyers who get in too early.
Expect major resistance at 1.3300 prior to Non-Farm. Prediction on favorable USD news is slow consolidation towards Friday news, with slight upward trend. Towards release, large bear wicks should form, prior to the main push up toward 1.3400. Be aware that aggressive bear wicks will stop out many buyers who get in too early.
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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.