Good day ladies and gentlemen, patience and risk management are being tested more and more in these times. Alot of new new news coming out ISM, NFP, Pelosi's visit in relation or not in relation to the One China policy with Taiwan, inflation, GDP, and Earnings etc. This week we do have CPI and PPI being released so if the water doesn't look enticing you, remember, don't have to swim the pool will be there tomorrow. Now that we have cleared fundamentals I do have bullish bias overall on this pair. The dollar shows strength even in tough times although price had already made a beautiful drop from 139 to 130 in about two weeks. Incredible. Anyways last week closed bullish with the wind to its back, the Daily double bottomed and the 4H seems to be ranging. The 1H showed opportunity in a mini ascending triangle after an impulse leg from 133 to 135. Passionate and adamant. Side note is bitcoin ready? haha Happy Trading!
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