Hello,
incredibly resistant pair when it comes to the recent "turbulence" in regards to the US China trade war or the possible impeachment of President Trump
One of the reason of such behavior could be differences in interest rate (carry trade) ...
However, if somewhere to look for short on USD is right here but still only after a possible spike as reaction to NFP
Short between 109.35 / 60
Stop above 109.70
First target 108.30 / 20
Good luck
incredibly resistant pair when it comes to the recent "turbulence" in regards to the US China trade war or the possible impeachment of President Trump
One of the reason of such behavior could be differences in interest rate (carry trade) ...
However, if somewhere to look for short on USD is right here but still only after a possible spike as reaction to NFP
Short between 109.35 / 60
Stop above 109.70
First target 108.30 / 20
Good luck
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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.
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.