We've had our eye on this pair for about a week or so waiting for it to pull back to a good buying area. If, and its a big if, we can pull back to the 1.1250 area where support from the channel and horizontal meet, then I think that would be a good area to consider a buying opportunity. We saw a small USD crash on Friday, so traders may be buying up USD this week. Either way, make a plan before trading. Check out our discussion on this in the Weekend Preview here: youtu.be/0Td5WXYzH6E
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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.