Trades below 109.30 daily tenkan Fri and cracked twin
Fibos, 100-DMA and the up TL from March low by 108.75.
However, a long legged candle doji into Frid close and
further long legged action early Mon, o
100DMA suggest
supply fade. We have a bid by daily cloud top at 108.05
but a close above converged 10DMA and tenkan, 109.30,
could force strategy re-think.
Source:eFXplus
Fibos, 100-DMA and the up TL from March low by 108.75.
However, a long legged candle doji into Frid close and
further long legged action early Mon, o
100DMA suggest
supply fade. We have a bid by daily cloud top at 108.05
but a close above converged 10DMA and tenkan, 109.30,
could force strategy re-think.
Source:eFXplus
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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.